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Mechanistic structures operate best:
Carrying Value
The monetary value of an asset as recorded on the balance sheet, factoring in depreciation, impairments, and amortization.
FVTPL Securities
Financial assets designated at fair value through profit or loss, with changes in fair value recognized in the profit or loss as they occur.
Net Income
The company's earnings following the deduction of all costs, taxes, and expenses from the overall income.
FVTOCI Investments
Financial assets classified as fair value through other comprehensive income; adjustments to their fair value don't affect profit or loss but other comprehensive income.
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