Financial guarantees under IFRS 9: how to account for them

Financial guarantee is a specific type of a financial liability under IFRS 9 and arises when an entity backs up a loan/debt taken by another entity. It can happen at a fee, or often with no fee (especially when issued within the same group). How should you account for that guarantee? ------ *Online IFRS course by Silvia, CPDbox: https://www.cpdbox.com/ifrs-kit/ *Subscribe to Silvia's free newsletter: https://www.cpdbox.com/