Showing posts with label Financial Instruments. Show all posts
Showing posts with label Financial Instruments. Show all posts
AFS - Available for sale - Definition under Financial Instruments IAS 39
Saturday, August 11, 2012
www.ChartAcc.com - AFS - Available for sale is defined under Financial Instruments as follows:
for full Classification of Financial Instruments visit here.
for individual classifications visit below:
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- Non-derivative financial assets
- that are not covered anywhere above
for full Classification of Financial Instruments visit here.
for individual classifications visit below:
- AFS - Available for sale
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LR - Loans and receivables - Definition under Financial Instruments IAS 39
Friday, August 10, 2012
www.ChartAcc.com - LR - Loans and receivables is defined under Financial Instruments as follows:
for full Classification of Financial Instruments visit here.
for individual classifications visit below:
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- Non-derivative financial assets
- with fixed or determinable payments
- that are not quoted in an active market.
for full Classification of Financial Instruments visit here.
for individual classifications visit below:
- LR - Loans and receivables
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HTM - Held to maturity - Definition under Financial Instruments IAS 39
Thursday, August 9, 2012
www.ChartAcc.com - HTM - Held to maturity is defined under Financial Instruments as follows:
for full Classification of Financial Instruments visit here.
for individual classifications visit below:
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- Non-derivative financial assets
- with fixed or determinable payments and maturity date
- that the company intends and is able to hold till maturity.
for full Classification of Financial Instruments visit here.
for individual classifications visit below:
- HTM - Held to maturity
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FVPL - Fair Value through Profit and Loss Account - Definition under Finacial Instruments IAS 39
www.ChartAcc.com - FVPL - Fair Value through Profit and Loss Account is defined under Financial Instruments as follows:
for full Classification of Financial Instruments visit here.
for individual classifications visit below:
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- Financial Asset or Financial Liability
- that is "held for trading" or "treated as such" upon initial recognition.
for individual classifications visit below:
- FVPL - Fair Value through Profit and Loss Account
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Financial Instruments - Classification under IAS 39
Wednesday, August 8, 2012
www.ChartAcc.com - Financial Instruments
can be classified as follows:
(continued from previous post)...
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(continued from previous post)...
Detailed definition of each clasification will be made available soon.
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Definition - Financial Instruments under IAS 39
Friday, July 20, 2012
www.ChartAcc.com - A simplest definition of Financial Instrument
is as follows :
(continued from previous post)...
Financial Instrument is :
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(continued from previous post)...
Financial Instrument is :
- a ‘Contract’
- that gives rise to
- a ‘Financial Asset’ of one
entity and
- a ‘Financial Liability’ or ‘Equity Instrument’ of another entity.
for details visit next post.
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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.
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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.
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