IFRS 18Chapter 2Lesson 2
The investing and financing categories
Step 1 of 7Learning objectives
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The investing category receives the income and expenses of assets that generate a return individually and largely independently of the entity's other resources; the financing category receives those of liabilities arising from transactions that involve only raising finance, and certain interest items.
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Learning objectives
- Distinguish the items of the investing category from those of the operating category.
- Distinguish financing expenses from other interest expenses.
- Record the reclassification of an income or expense item between a category and operating.