Is there is any difference in the accounting treatment of HfT and At fair value through profit or loss assets?

Posted: 21-07-2010 | Author: admin | Category: Other - Business & Finance


What I understand is that HfT (Held for Trading) falls under At fair value through profit or loss. So, what applies to the latter also applies to the former, but is there anything extra/additional that may be applicable to HfT financial assets?

Category: Other - Business & Finance by admin

One Response to “Is there is any difference in the accounting treatment of HfT and At fair value through profit or loss assets?”

  1. Sandy, on July 24th, 2010 at 12:36 am Said:

    No, there is nothing additional that’s applicable only to Held for Trading assets. FVTPL investments are current assets, initially recognised at fair value and subsequently re-measured at fair value at balance sheet date, with any resulting gains and losses, including currency translation differences on equity investments (if any), recognised in the income statement immediately.

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