FVOCI definition
Examples of FVOCI in a sentence
Impairment losses (and reversal of impairment losses) on equity investments measured at FVOCI are not reported separately from other changes in fair value.
There are three main classes of financial assets measured at: • amortised cost • fair value through profit or loss (FVPL), and • fair value through other comprehensive income (FVOCI) The council holds most of its investments solely to collect contractual cash flows, which means that the majority of its financial assets are measured at amortised cost.
The Company and its subsidiaries assess on a forward-looking basis the expected credit loss associated with its debt instruments carried at amortized cost and FVOCI.
Financial Assets Measured at Fair Value through Other Comprehensive Income (FVOCI) The council treats assets as fair value through other comprehensive income when they are held for strategic economic development purposes rather than trading.
Expected Credit Loss Model The council recognises expected credit losses on all of its financial assets held at amortised cost or FVOCI, either on a twelve month or lifetime basis.
The council recognises expected credit losses on all of its financial assets held at amortised cost or FVOCI, either on a twelve month or lifetime basis.
An equity instrument can be elected into a FVOCI treatment rather than a FVPL treatment if it is not held for trading.
The council has reviewed its assets that would be measured at FVPL on the basis of the business model and has elected to classify instruments as either FVPL or FVOCI on an instrument-by- instrument basis based on the assessed benefit to the council from the chosen classification.
Under US GAAP, Aphria will classify its investments in debt securities as available-for-sale, measured at FVOCI.
The equity instruments held must be irrevocably classified to two measurement categories; i) at fair value through profit or loss (FVPL), or ii) at fair value through other comprehensive income (FVOCI) without recycling to profit or loss.