1. Explain whether the requirements introduced by PFRS 9 had any effects on entities' investment decisions. If yes, why, how, and to what extent?2. For which equity instruments have the option to present fair value changes in the OCI been applied?3. Explain whether requiring entities to classify and measure financial assets based on the business model assessment achieves the PFRS 9's objective of entities providing users of financial statements with useful information about how an entity manages its financial assets to generate cash flows.

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The introduction of PFRS 9 had significant effects on entities investment decisions PFRS 9 introduced new requirements for the classification and meas... View the full answer