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2 gru 2020 · Fair value changes on AFS assets are recognised directly in equity, through the statement of changes in equity, except for interest on AFS assets (which is recognised in income on an effective yield basis), impairment losses and (for interest-bearing AFS debt instruments) foreign exchange gains or losses.
Recognition of the gain or loss attributable to the hedged risk in profit or loss applies if the hedged item is a financial asset measured at fair value through other comprehensive income in accordance with paragraph 4.1.2A of IFRS 9.
In April 2001 the International Accounting Standards Board (Board) adopted IAS 36 Impairment of Assets, which had originally been issued by the International Accounting Standards Committee in June 1998. That standard consolidated all the requirements on how to assess for recoverability of an asset.
1 paź 2006 · For available-for-sale financial assets, unrealised holding gains and losses are deferred in reserves until they are realised or impairment occurs. Only interest income and dividend income, impairment losses, and certain foreign currency gains and losses are recognised in profit or loss. Examples
In September 2019 the Board amended IFRS 9 and IAS 39 by issuing Interest Rate Benchmark Reform to provide specific exceptions to hedge accounting requirements in IFRS 9 and IAS 39 for (a) highly probable requirement; (b) prospective assessments; (c) retrospective assessment (IAS 39 only); and (d) separately identifiable risk components ...
IAS 39 has been replaced by IFRS 9 Financial Instruments, except for (1) Insurance entities (2) Entities that continue to apply relevant hedge accounting guidance. SUBSEQUENT MEASUREMENT (continued) Subsequent measurement depends on the category into which the financial instrument is classified.
Impairment loss: the amount by which the carrying amount of an asset or cash-generating unit exceeds its recoverable amount. Carrying amount: the amount at which an asset is recognised in the balance sheet after deducting accumulated depreciation and accumulated impairment losses.
