Describe the appropriate accounting treatment, as required by CAS22 Financial instruments: recognition and measurement, for gains and losses on financial assets classified as ‘held for trading’.

A.These assets are held at cost and gains and losses will only be recognised on disposal of the assets

B.These assets are held at amortised cost and the effective interest on the assets will be recognised in profit or loss over the term of the asset.

C.These assets are restated to fair value and gains and losses are recognised in other comprehensive income.

D.These assets are restated to fair value and gains and losses are recognised in profit or loss.

正确答案：These assets are restated to fair value and gains and losses are recognised in profit or loss.