Explain the three classifications of financial assets under IFRS 9.
Question:
Explain the three classifications of financial assets under IFRS 9.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 54% (11 reviews)
IFRS 9 is the International Financial Reporting Standard IFRS that was issued by the International Accounting Standards Board IASB It replaces the International Accounting Standard IAS 39 a standard t...View the full answer
Answered By
Okanga Ogalo
I have been a tutor for many years, and I have also been a teacher. I have tutored people of all ages, from young children to adults. I have also taught in a variety of settings, including public schools, private schools, and online schools.
One of the things that I love about tutoring is that it allows me to really get to know my students. I can learn about their interests, their learning styles, and what motivates them. I can also tailor my lessons to meet their individual needs.
Another thing that I love about tutoring is that it gives me the opportunity to help people learn in a way that is best for them. Some people learn best by listening to lectures, while others learn best by doing hands-on activities. I enjoy being able to adapt my teaching methods to each individual student.
I also enjoy the challenge of tutoring. I like being able to help my students overcome obstacles and reach their goals. It is gratifying to see my students improve and succeed.
Overall, I believe that tutoring is a great way to help people learn. It is a flexible, individualized, and challenging way to learn. I am passionate about tutoring and I believe that it can make a difference in the lives of my students.
0.00
0 Reviews
10+ Question Solved
Related Book For
International Financial Reporting And Analysis
ISBN: 9781473766853
8th Edition
Authors: David Alexander, Ann Jorissen, Martin Hoogendoorn
Question Posted:
Students also viewed these Business questions
-
What are the three classifications of receivables?
-
What are the three classifications of receivables? Discuss.
-
List and define the three classifications of quality costs.
-
Unlike affirmative action, diversity _ _ _ _ _ . a . can exist even if organizations do not take purposeful steps to create it b . is required by law for private employers with 5 0 or more employees...
-
Identify the tax issue or issues suggested by the following situation, and state each issue in the form of a question. Dr. P is a physician with his own medical practice. For the last several years,...
-
Personal automobile policy coverage. Finn Stone has a PAP with coverage of $25,000/$50,000 for bodily injury liability, $25,000 for property damage liability, $5,000 for medical payments, and a $500...
-
Jack DeCoster owned Quality Egg, LLC, an Iowa egg production company. Jacks son, Peter DeCoster, served as the companys chief operating officer. Jack also owned and operated several egg production...
-
(One Temporary Difference, Future Taxable Amounts, One Rate, Beginning Deferred Taxes) Brennan Corporation began 2010 with a $90,000 balance in the Deferred Tax Liability account. At the end of 2010,...
-
Provide a clear definition of SES (Socioeconomic Status), encompassing its components such as income, education, and occupation. Discuss the societal implications of SES and its role in shaping...
-
In a TCP connection, the initial sequence number at the client site is 2171. The client opens the connection, sends three segments, the second of which carries 1000 bytes of data, and closes the...
-
Kappa is an entity that operates in a sector where the recruitment and retention of high quality employees is particularly important in order to achieve corporate goals. You are the financial...
-
How does the IASB differentiate between financial instruments and other assets and liabilities?
-
The following variable costing income statements are available for Lyte Company and Darke Company. Instructions (a) Compute the break-even point in dollars and the margin of safety ratio for each...
-
Rawang Packaging Industries is considering replacing a 10-year-old manual pressing machine with a new automated one. The present and expected situation resulting from the replacement are given below:...
-
= Let {0,1}. The reverse of a string a denoted by rev(r) and is defined by the following recursive rule: rev(c) = c Vr, Va , rev(xa) = a.rev(x) For any set AC*, define rev(A) to be: rev(A) =...
-
Assume that you are interested in buying a laptop computer. You identified the following as characteristics for consideration: the computer's speed in processing data, the computer's weight, the...
-
You have been promoted to your dream job as CFO of a business of your choosing. You need to develop a financial plan for your company and will present this to shareholders of your company. You can...
-
Your friend now wants to predict future values of two variables, but wants to generate a model that is mutually consistent. What type of model would this be? Write down a simple order-2 example of...
-
Suppose that demand and supply curves in the market for corn are Qd = 20,000 50P and Qs = 30P. Suppose that the government would like to see the price at $300 per unit and would like to do so with...
-
In Exercises delete part of the domain so that the function that remains is one-to-one. Find the inverse function of the remaining function and give the domain of the inverse function. f(x) = 16x4 -3...
-
During the current year, Swallow Corporation, a calendar year C corporation, has the following transactions: Income from operations $660,000 Expenses from operations 720,000 Dividends received from...
-
Red Corporation and White Corporation, both calendar year C corporations, are members of a controlled group of corporations. For the current year, Red has taxable income of $130,000, and White has...
-
In the current year, Pelican, Inc., incurs $10,000 of meals and entertainment expenses that it deducts in computing net income per the corporations financial statements. All of the meals and...
-
Given: R = 20x and C = (10x300, x < 20 10x+250, x 20 1. Find the break-even point or points, if any. 2. Graph these results (be sure to label "completely")
-
Prepare the journal entry to record the payment of interest and the discount amortisation on December 3 1 , 2 0 2 2
-
(4.) (10 points) An experiment measures the number of particle emissions from a radioactive substance. The number of emissions has a Poisson distribution with rate = .15 particles per week. (a.) What...
Study smarter with the SolutionInn App