Overview of Financial Instruments under IAS 39
Tuesday, July 17, 2012
www.ChartAcc.com - Financial Instruments
are integral part of Financial Statements. In ordinary terms it covers maximum
of the line items in Statement of Financial Position and Income Statement.
This post will cover Overview of Financial Instruments, later in series all will be covered from basic to recognition and disclosure level.
Stay connected to ChartAcc, a professional ShareSpace.
Visit http://www.ChartAcc.com
This post will cover Overview of Financial Instruments, later in series all will be covered from basic to recognition and disclosure level.
Following
standards cover Financial Instruments in different aspects:
- IAS 32 - Financial Instruments: Presentation
- IAS 39 - Financial
Instruments: Recognition and Measurement
- IFRS 7 - Financial Instruments: Disclosures
- IFRS 9 - Complete replacement of IAS 39 w.e.f. 1 January 2013
When
Financial Instruments come across, following queries pop-up:
- Definition
- Classification
- Disclosure
- Valuations and offsetting
for details go to next post continued here.
Stay connected to ChartAcc, a professional ShareSpace.
Visit http://www.ChartAcc.com
Subscribe to:
Post Comments (Atom)
 |
| CHARTACC Share space for Chartered Accountants and Financial Professionals |