05-29-2007, 07:01 PM
Dear,
Even if investment is considered as held-to-maturity under IAS 39, it has to be initially recognised at fair value measurement and then afterwards at amortised cost. Therefore, even if such bonus shares are held-to-maturity investments, these have to be incorporated in the books of account at fair value initially.
Still, if applicable to such entity, IAS 39 overrides TR-15 through CO84 section 234.
Regards,
Kamran.
Even if investment is considered as held-to-maturity under IAS 39, it has to be initially recognised at fair value measurement and then afterwards at amortised cost. Therefore, even if such bonus shares are held-to-maturity investments, these have to be incorporated in the books of account at fair value initially.
Still, if applicable to such entity, IAS 39 overrides TR-15 through CO84 section 234.
Regards,
Kamran.
