Colin Colraine
Made first post
Are investment contracts with discretionary participation features measured under VFA or GMM?
Assuming that they meet the three VFA eligibility tests.
It is not clear to me whether all contracts that meet the VFA eligibility criteria - both insurance and investment contracts within scope, are measured under VFA or whether only insurance contracts with direct participation features are measured under VFA, and investment contracts with discretionary participation features then measured under GMM.
Assuming that they meet the three VFA eligibility tests.
It is not clear to me whether all contracts that meet the VFA eligibility criteria - both insurance and investment contracts within scope, are measured under VFA or whether only insurance contracts with direct participation features are measured under VFA, and investment contracts with discretionary participation features then measured under GMM.