FVTPL definition

FVTPL means fair value through profit or loss. Certain of the Corporation’s investments in equity and debt securities have been designated as investments at FVTPL. Changes in the fair value of investments designated as investments at FVTPL are reported in net earnings or loss.

FVTPL means Fair Value Through Profit or Loss;

FVTPL. – means financial instruments designated at fair value with all gains or losses being recognised in the profit or loss.

Examples of FVTPL in a sentence

• Equity instruments that are held for trading are classified as FVTPL.

• Equity instruments which are held for trading are classified as at FVTPL.

• Financial liabilities at FVTPL are measured at fair value and net gains and losses, including any interest expense, are recognised in profit or loss.

• All financial assets not classified as measured at amortised cost or FVOCI as described above are measured at FVTPL.

• A financial liability is classified as at FVTPL if it is classified as held-for-trading, it is a derivative or it is designated as such on initial recognition.

• Financial liabilities are measured at amortized cost, unless they are required to be measured at FVTPL (such as instruments held for trading or derivatives) or if the Company has opted to measure them at FVTPL.

• Transaction costs of financial assets carried at FVTPL are expensed in profit or loss.

• Financial assets and financial liabilities at FVTPL are initially recognized on the trade date, at fair value (see below), with transaction costs recognized in the statements of comprehensive income.

• Financial assets that are held for trading or are managed and whose performance is evaluated on a fair value basis are measured at FVTPL.

• Transaction costs directly attributable to the acquisition of financial assets or financial liabilities at FVTPL are recognized immediately in profit or loss.

More Definitions of FVTPL

FVTPL means fair value through profit and loss;