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About Debt Instrument measured at FVTOCI (question in past paper)

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About Debt Instrument measured at FVTOCI (question in past paper)

I have a confuse whether a financial asset which is debt instrument can be measured at FVTOCI. Refer to Q3(b) in P2 past paper (March 2017), there was a question about my concern. It allows the financial asset which is debt instrument to be measured at FVTOCI. However, I read the technical articles - IFRS 9, in which there was an original sentence (about classification of financial asset) saying:

2. Financial assets at fair value through other comprehensive income (FVTOCI)
This classification applies to equity instruments only and must be designated upon initial recognition.

Otherwise, I checked IFRS 9 and read the contents about "classification of financial liability", there only mentioned that financial liability can be measured at amortized cost and FVTPL.

Are there any guys kind to answer my question? Thank you!

January 23rd 2018 AN ACCA USER 120 Points

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