1. MFRS
1.1. MFRS 7
1.2. MFRS 9
1.3. MFRS132
1.4. MFRS 139
2. Definition
2.1. Any contracts that give rise to a financial asset of one entity and a financial liability/ equity instrument of another entity
3. Initial Recognition
3.1. recognized once it becomes a party to its contractual provisions of the instrument.
4. Classification and measurement of financial assets
4.1. Financial Assets
4.1.1. MFRS 139
4.1.1.1. Amortized Cost
4.1.1.2. Fair value
4.1.2. MFRS 9
4.1.2.1. Amortized Cost
4.1.2.2. PVOCI
4.1.2.3. FVTPL
4.2. Financial Liability
4.2.1. at amortized cost
5. Impairment
5.1. MFRS 9
5.1.1. Stage 1
5.1.2. Stage 2
5.1.3. Stage 3
6. Disclosure Requirement
6.1. Items to be disclosed
7. Whether it is ?
7.1. Financial Asset (Buyer/Holder)
7.1.1. Cash
7.1.2. An equity instrument of another entity
7.1.3. A contractual right to receive cash
7.1.4. A derivative instrument that is FAVORABLE
7.2. Financial Liability (Issuer)
7.2.1. A Contract Obligation
7.2.2. A contract for which the entity is or may be obliged to deliver a variable number of the entity's own equity instruments.
7.2.3. Any derivative instruments that is UNFAVORABLE
8. Types of Financial Instruments
8.1. Financial Assets
8.1.1. MFRS139
8.1.1.1. Held to maturity
8.1.1.2. Loans and Receivables
8.1.1.3. FVTPL
8.1.1.4. Available for sale
8.1.2. MFRS 9
8.1.2.1. Its business model
8.1.2.1.1. Hold to collect
8.1.2.1.2. Hold to collect and sell
8.1.2.1.3. FVTPL
8.1.2.2. The cash flow characteristics of the instrument
8.1.2.2.1. Principal
8.1.2.2.2. Interest
8.2. Financial Liability
8.2.1. Fair value at profit and loss
8.2.2. At amortized cost
8.3. Financial Equity
8.3.1. Does not constitute an obligation to repay
9. Derecognition
9.1. Financial Assets
9.1.1. Contractual rights expire
9.1.2. Transfer of FA is recognized as derecognition
9.2. Financial Liability
9.2.1. Contract expires, discharges, or cancelled