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What happens when banks lend $13 billion to a billionaire with a Twitter addiction? Well, let’s just say IFRS 9 wasn’t built for this level of chaos.

In this episode, we break down how banks classify investments in debt—Amortised Cost, FVOCI, or FVTPL—and how that classification suddenly matters a lot when your borrower is firing half the staff, scaring off advertisers, and offering AI equity as collateral.

We explore:

✅ How banks originally classified X’s debt—and why they’re now regretting it.

✅ Why they’re offloading this debt at a discount (spoiler: it’s not a good look).

✅ What this means for the future of banking, financial reporting, and Musk’s ability to raise money.

And just when you think it’s over, we hit you with a real-time update on the great Twitter debt fire sale.

It’s finance, but entertaining. It’s IFRS 9, but actually worth listening to.

So tune in, absorb the knowledge, and then, as per the show’s unofficial motto—listen in secret and forget this ever happened.

You can watch the video of the podcast by clicking here ( @nasirfinancial)

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Understanding the nuances of accounting standards can be complex, especially when it comes to properties, plants, and equipment (PPE). In this video, I discuss various classifications of PPE and their accounting treatments.

From assets used directly in business operations (IAS 16) to those rented out to others (IAS 40), each category has distinct valuation methods. PPE marked for disposal within 12 months falls under IFRS 5, while those bought for resale are governed by IAS 2.

Surprisingly, even properties intended for consumption, like agricultural produce (IAS 41), have specific accounting guidelines. Join me as I discuss these classifications and their implications on financial reporting.

You can watch the video of the podcast by clicking here ( @nasirfinancial)