According to the "general approach" of AASB 9/ IFRS 9 should the following securities be included in the expected credit loss model? if so, would there be a difference in the expected loss model? if so, would there be a difference in their expected credit loss, and why?

a. $1m Samsung bond, maturing in 10 years

b. $1m Samsung bond maturing in 5 years

c. $1M Samsung shares

Answer rating: 100% (QA)

Step 1 Answer According to the general approach of AASB 9 IFRS 9 all finan... View the full answer