## Overview

This module covers financial instrument accounting under IFRS 9 and disclosure requirements under IFRS 7, including business model and SPPI tests, effective interest method, and expected credit loss models. Topics include amortised cost FVOCI FVTPL categories and risk disclosures.

## 1. Recognition and classification

- [Business model and SPPI tests](acca-fr-recognition-and-classification-business-model-and-sppi-tests.md)
- [Asset categories: amortised cost, FVOCI, FVTPL](acca-fr-recognition-and-classification-asset-categories-amortised-cost-fvoci-fvtpl.md)
- [Initial recognition and transaction costs](acca-fr-recognition-and-classification-initial-recognition-and-transaction-costs.md)

## 2. Subsequent measurement and derecognition

- [Effective interest method and fair value changes](acca-fr-subsequent-measurement-and-derecognition-effective-interest-method-and-fair-value-changes.md)
- [Modifications and derecognition principles](acca-fr-subsequent-measurement-and-derecognition-modifications-and-derecognition-principles.md)
- [Equity instruments and OCI election](acca-fr-subsequent-measurement-and-derecognition-equity-instruments-and-oci-election.md)

## 3. Impairment and disclosures

- [Expected credit loss models (12-month vs lifetime)](acca-fr-impairment-and-disclosures-expected-credit-loss-models-12-month-vs-lifetime.md)
- [Simplified approach for trade receivables](acca-fr-impairment-and-disclosures-simplified-approach-for-trade-receivables.md)
- [Risk and disclosure requirements (IFRS 7)](acca-fr-impairment-and-disclosures-risk-and-disclosure-requirements-ifrs-7.md)


Free ACCA FR Financial Instruments (IFRS 9/IFRS 7) Study Guide