vicky重錄sbr課堂板書(shū)day5

BMtest CCFtestBusiness ContractualAtABCBankshouldrecogniselowanceforcreditlossesof$75,000(15%$500,000),beingthe12-monthexpectedcreditlosses.PerIFRS9,thisiscalculatedbymultiplyingtheprobabilityofdefaultinthenext12months(15%)bythelifetimecreditlossesthatwouldresultfromthedefault($500,000).DrCrAllowanceforcreditlossAt31/12/20X5Aninterestcostof$2,250($75,000x3%)mustberecognisedonthebroughtforwardallowancewithacorrespondingreaseintheallowancetounwindoneyearofdiscounting.Interestrevenueof$380,000($10,000,000×3.8%)shouldalsoberecognisedinprofitorlossfortheyear.Thisiscalculatedonthegrosscarryingamountof$10,000,000.Theinterestrateof3.8%istheLIBORof1.8%plus2%pertheloanagreement.DrPLCrAllowanceforcreditlossDrFinancialasset380,000Cr eDrCashCrFinancialassetHowever,by31/12/20X5,duetotheeconomicrecessionandtheexistenceofobjectiveevidenceofimpairmentintheformoflatepaymentbycustomers,Stage3hasnowbeenreached.Therefore,therevisedlifetimeexpectedcreditlossesof$800,000shouldnowberecognisedinfull.Theallowancemustbereasedfrom$77,250($75,000+interest$2,250)to$800,000whichwillresultinanextrachargeof$722,750toprofitorDrCrAllowanceforcreditlossDrAllowanceforcreditloss800,000CrPL800,000DrCrFinancialassetIntheyearended31/12/20X6,asStage3hasbeenreached,interestrevenuewillbecalculatedonthecarryingamounoftheallowanceforcreditlossesof$9,180,000($9,980,000-$800,000).Conversely,iftheloanswerestillatStage1orStage2,interestwouldhavebeencalculatedonthegrosscarryingamountof$9,980,000.CarryingamountImpairmentlossRecoverableamountRecoverableamount=8/1.067+8/1.0672+8/1.0673=DrPL7.89e@Cashreceipt@ e@Cashreceipt@ImpairmentRecoverableamount@Recoverableamount=2.34/1.08+8/1.082=9.025DrFA1.678(0.842+0.836)Cr eDrCash2DrPL11.698CrFA【金融資產(chǎn)分類】Pastexamquestion:Spamgate6/2018特定活動(dòng)中得以反映】Themeasurementoffinancialinstrumentsisdependentonthebusinessmodeloftheentity.Thebusinessmodelisamatteroffactratherthananassertion,i.e.theassessmentofabusinessmodelisbasedonhowkey nelactuallymanagethebusiness,ratherthanmanagement’sintentforspecificfinancialassets.較小的，信用風(fēng)險(xiǎn)導(dǎo)致的行為等不改變此業(yè)務(wù)模式】FAareheldatAMCwheretheentityhasabusinessmodelwhoseobjectiveistoholdassetstocollectcontractualcashflows.Havingsomesalesactivityisnotnecessarilyonsistentwiththisbusinessmodel.Forexample,saleswhichareinfrequentorinsignificvalueorhavebeenmadeasaresultofanreasereditriskmaybeconsistentwiththisbusinessmodel.【以FVTOCI計(jì)量的金融資產(chǎn)：持有到期獲得現(xiàn)金流和】FAclassifiedandmeasuredatFVTOCIareheldinabusinessmodelwhoseobjectiveisachievedbybothcollectingcontractualcashflowsandsellingfinancialassets.Comparedtoabusinessmodelwhoseobjectiveistoholdfinancialassetstocollectcontractualcashflows,thisbusinessmodelwilltypicallyinvolvegreaterfrequencyandvolumeofsales.【Applytocase，AMC+EappearsthatSpamgatehasabusinessmodelwhoseobjectiveistoholdassetsinordertocollectcontractualcashflowsasitseldombuysandsellsfinancialassetsbutissuesloanstoindividualsandbusinesses.IthasonlyacceptedthepreferencesharesinBoseybecauseofthepoorliquiditypositionofBosey.AlthoughSpamgateintendstosellthepreferencesharesheldinBoseyassoonasitisfeasible,itdoesnotintendtochangeitsbusinessmodel.Therefore,boththeloansandthesharesinBoseyshouldbevaluedatamortisedcost.TheexchangeofpartoftheloanforBosey’ssharesshouldleadtothederecognitionofthatpartoftheloanasSpamgatghtstothatpartoftheloanhaveexpiredandtherisksandrewardsrelatingtothatpartoftheloanhavebeenextinguished.Thedifferencweenthecarryingamountoftheloansandthefairvalueofthepreferencesharesreceivedshouldhavebeenpresentedasalossonloansinsteadofreducingthecarryingamountoftheloans,withanoffsettingreaseinthevalueoftheinvestmentinBosey’sInaddition,thevaluationofthepreferenceshareswasnotbasedupontheirfairvalueasthesharepriceusedtocalculatetheexchangeratefortheloanswasthreetimeshigherthanthesubscriptionpricefortheunsuccessfulshareissue.Thisseemstoindicatethatthefairvalueofthesharesreceivedintheconversionwasconsiderablylowerthanthatusedtoreducethecarryingamountoftheconvertedloans.Inaddition,Spamgateisrequired,underIFRS9,torecogniseexpectedcreditlossesandtoupdatetheamountofexpectedcreditlossesrecognisedateachreportingdatetoreflectchangesinthecreditriskoffinancialinstruments.This【終止確認(rèn)】Pastexamquestion:Banana9/2018【終止確認(rèn)的條件】IFRS9requiresthatafinancialassetonlyqualifiesforderecognitiononcetheentityhastransferredthecontractualrightstoreceivethecashflowsfromtheassetorwheretheentityhasretainedthecontractualrightsbuthasanunavoidableobligationtopassonthecashflowstoathirdparty.Thesubstanceofthedisposalofthebondsneedstobeassessedbyaconsiderationoftherisksandrewardsofownership.nottransferredthecontractualrightstoreceivethecashflowsfromthebonds.ThethirdpartyisobligedtoreturnthecouponinteresttoBananaandtopayadditionalamountsshouldthefairvaluesofthebondsrease.Consequently,Bananastillhastherightsassociatedwiththeinterestandwillalsobenefitfromanyappreciationinthevalueofthebonds.Bananastillretainstherisksofownershipasithastocompensatethethirdpartyshouldthefairvalueofthebondsdepreciateinvalue.Itwouldbeexpectedthat,ifthesalewereagenuinetransferofrisksandrewardsofownership,thenthesalespricewouldbeapproximatetothefairvalueofthebonds.However,thesalespriceof$8millioniswellbelowthecurrentfairvalueofthebondsof$10·5million.Additionally,Bananaislikelytoexercisetheiroptiontorepurchasethebonds.Assuch,notransferofrightshastakenceandthereforetheassetshouldnotbederecognised.AMC+MeasurementThebondsshouldcontinuetobemeasuredatamortisedcostintheconsolidatedfinancialstatementsofBanana.Thevalueofthebondsat30June20X6wouldhavebeen$10·2million($10million+7%x$10million–5%x$10million).Amortisedcostprohibitsarestatementtofairvalue.Thevalueofthebondsat30June20X7shouldbe$10·414million($10·2million+7%x$10·2million–5%x$10million).Theproceedsof$8millions