Question
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
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
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