Accounting for corporate and government bonds

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a company has purchased bonds , both corporate and government/state. I have them accounted for in current asset investments in terms of cost , but in terms of year end accounting how should I treat them for FRS102 purposes? Should I apply fair value accounting?

 

Thanks, Damien

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By Accountant A
02nd Dec 2018 19:17

If you want tell us what you think, based on your own research and reading of the standard, we can tell you if we agree.

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