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IAS 32 changed to Financial Instruments: Presentation. In February 2008 IAS 32 was changed to require some puttable financial instruments and obligations arising on liquidation to be classified as equity.
OBJECTIVE. IAS 32 Financial instruments: Presentation establishes the principles for presenting financial instruments, from the perspective of the issuer, as liabilities or equity and for offsetting financial assets and financial liabilities.
2 gru 2020 · IAS 39 outlines the requirements for the recognition and measurement of financial assets, financial liabilities, and some contracts to buy or sell non-financial items.
The terms defined in IFRS 13, IFRS 9 and IAS 32 are used in this Standard with the meanings specified in Appendix A of IFRS 13, Appendix A of IFRS 9 and paragraph 11 of IAS 32.
IAS 32 specifies presentation for financial instruments. The recognition and measurement and the disclosure of financial instruments are the subjects of IFRS 9 or IAS 39 and IFRS 7 respectively. For presentation, financial instruments are classified into financial assets, financial liabilities and equity instruments.
IAS 32 Financial Instruments: Presentation includes requirements for the classification of financial instruments between liabilities and equity. These binary classification requirements result in significant practice issues when applied to many financial instruments with characteristics of equity.
29 lis 2023 · IAS 32 is a companion to IAS 39 Financial Instruments: Recognition and Measurement and IFRS 9 Financial Instruments. IAS 39 and IFRS 9 deal with initial recognition of financial assets and liabilities, measurement subsequent to initial recognition, impairment, derecognition, and hedge accounting.
