Question: Disclosure requirements for financial instruments include a. Method(s) and significant assumptions used in estimating fair value. b. Distinction between financial instruments held or issued for
Disclosure requirements for financial instruments include
a. Method(s) and significant assumptions used in estimating fair value.
b. Distinction between financial instruments held or issued for trading purposes and purposes other than trading.
c. A note containing a summary table crossreferencing the location of other financial instruments disclosed in another area of the financial statements.
d. All of the above should be disclosed.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
