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The FASB’s disaggregation of income statement expenses proposal is here. Check out our in the loop to get up to speed on what you should be thinking about now.

The FASB’s disaggregation of income statement expenses proposal is here. Check out our in the loop to get up to speed on what you should be thinking about now.

The FASB’s disaggregation of income statement expenses proposal is here. Check out our in the loop to get up to speed on what you should be thinking about now.

The FASB’s disaggregation of income statement expenses proposal is here. Check out our in the loop to get up to speed on what you should be thinking about now.

In the quest for financial well-being, it's crucial to adopt prudent spending habits! By identifying your needs and wants, you can make informed choices to ensure your resources are allocated wisely! 🙌 Here are 5 categories of expenses one should approach with caution! 👍 #KamalFincap #FinancialAdvice #FinancialTips #FinancialEducation #FinancialAwareness #finance #financialfreedom #financialeducation #financetips #microfinance #mfi #kfpl

𝐏𝐮𝐳𝐳𝐥𝐞𝐝 𝐰𝐢𝐭𝐡 𝐭𝐡𝐞 𝐭𝐞𝐫𝐦𝐬 𝐅𝐕𝐓𝐎𝐂𝐈 & 𝐅𝐕𝐓𝐏𝐋 𝐰𝐡𝐢𝐥𝐞 𝐫𝐞𝐚𝐝𝐢𝐧𝐠 𝐀𝐧𝐧𝐮𝐚𝐥 𝐑𝐞𝐩𝐨𝐫𝐭𝐬? Let's take a closer look at FVTOCI and FVTPL under IND AS 109. When analyzing a company's financial statements, we often come across terms like FVTOCI and FVTPL. FVTOCI (Fair Value Through Other Comprehensive Income) is a method outlined in IND AS 109 that tracks changes in the fair value of certain investments. These changes are recorded in a section called OCI until they are realized through a sale or settlement. Essentially, it involves marking the value of investments at market rates without impacting the profit and loss until they are cashed in. On the other hand, FVTPL (Fair Value Through Profit and Loss) is more direct. According to IND AS 109, it requires changes in fair value of certain financial assets and liabilities to be directly reflected in the profit and loss account. This means that any gains or losses due to market movements are immediately captured in earnings, providing a real-time view of their impact on financials. Both of these approaches stem from IND AS 109, which aims to present relevant and useful information for assessing future cash flows. While FVTOCI offers a smoother earnings path, FVTPL provides transparency on the immediate effects of market conditions. Whether it's the steady approach of FVTOCI or the instant reflection of FVTPL, IND AS 109 ensures that we can report our financial assets with clarity and precision. Follow Rabindra Dey for more such content.

Financial Tip: Consistency is the key for a healthy financial lifestyle! 🌟 #KamalFincap #FinancialAdvice #FinancialTips #FinancialEducation #FinancialAwareness #finance #financialfreedom #financialeducation #financetips #microfinance #mfi

Savings or CDs can be great options to maximize your savings, depending on your financial situation.Knowing the different types of accounts will help you decide which one is right for you.

Savings or CDs can be great options to maximize your savings, depending on your financial situation.Knowing the different types of accounts will help you decide which one is right for you.