Video: How to Prepare Amortization Schedule in Financial Reporting? (IFRS 9 & IAS 32 Financial Instrument)

After the initial measurement of financial instruments measured at fair value through amortized cost, they are subsequently required to be amortized where the ending or closing values are sent to the Statement of Financial Position and the Finance cost or Income sent to the Profit or Loss account. Preparation of the Amortization Schedule can come with series of hurdle sometimes. This video provides the guidelines and the explanation of necessary terms associated with amortization.

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Question Link: https://drive.google.com/file/d/18aD0vLcCLtGB2hd4C-E1nZlu2Ln-UxUx/view?usp=sharing

Channel Link: https://www.youtube.com/channel/UC1xYEQ6hHnc7Sf-G8tclGHw

Chapters 00:00 Importance of knowing how to Amortize 02:25 Terms Associated with Amortization 13:53 The amortization schedule

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