Examples of Financial Asset in a sentence
Financial asset is impaired if there is objective evidence of impairment as a result of one or more events that has occurred after the initial recognition of the asset and that event has an impact on the estimated future cash flows of the financial asset that can be reliably estimated.
Financial asset or liability classified as measured at amortized cost is subsequently measured at amortized cost using effective interest rate method.
Financial asset at FVTPL Financial asset is classified as at FVTPL when the financial asset is mandatorily classified or it is designated as at FVTPL.
Financial asset classified in this category are measured at amortized cost using the effective interest method.
Financial asset classification is based on the cash flow characteristics and the business model in which an asset is held.