How to Recognize and Measure Compound Financial Instruments?

Updated time: 2020-04-15

【Summary】 Basing on the Xiaomi case, this paper discusses the most appropriate accounting treatment of compound financial instruments under the frame- work of International Financial Reporting Standards (IFRS) and how other comprehensive income (OCI) plays important role in it. Overall, this paper provides some references for policymaker to standardize finan- cial instruments standard.

【Keywords】 Financial instruments Accounting treatment Other comprehensive income

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