Under IFRS 9, the cumulative balance of equity as a result of measuring equity investments...
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Under IFRS 9, the cumulative balance of equity as a result of measuring equity investments at fair value through other comprehensive income
a. Shall be reversed to profit or loss at the date the security is sold.
b. Shall be reversed to profit or loss when there is objective evidence of impairment.
c. Shall not be reversed to profit or loss but may be transferred to another equity
account.
d. Shall not be reversed to profit or loss and shall not be transferred to another equity
account.
8. Equity investments measured at fair value shall be presented at its market value on reporting period regardless whether it is held for trading or not.
9. Equity investments with an interest of 20 to 50% is assumed to exercise significant influence over the investee in the absence of any information to the contrary. Hence, the investor will share in the net income/loss reported by the investee proportionate to its ownership interest.
10. The change in market value of an equity investment classified as FV-OCI shall be taken to profit or loss in the statement of comprehensive income.
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