FI results at fair value with changes in profit or loss

How is the interest earned on a financial instrument measured at fair value through profit or loss, such as a government securities, accounted for?

Both the accrued coupon (+) and the coupon cut on the date of collection (-) should be taken into account in the measurement of the fair value of the public security at the date of information, and should be included in the respective asset item provided for in the chart of accounts for the recording of the instruments that are measured in accordance with the aforementioned criterion. On the other hand, changes in fair value should always be recognized in profit or loss for the period and should be recognized in the “Profit or loss of government securities” account (within the group of items corresponding to “Profit or loss at fair value through profit or loss“).

Rules involved:

IFRS 9 – Financial Instruments

Supplementary provisions to the Chart of Accounts