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22 lip 2004 · IFRS 7 Financial Instruments: Disclosures requires disclosure of information about the significance of financial instruments to an entity, and the nature and extent of risks arising from those financial instruments, both in qualitative and quantitative terms.
IFRS 7 should be read in the context of its objective and the Basis for Conclusions, the Preface to IFRS Standards and the Conceptual Framework for Financial Reporting. IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors provides a basis for selecting and applying accounting policies in the absence of explicit guidance.
IFRS 7 was also amended in October 2010 to require entities to supplement disclosures for all transferred financial assets that are not derecognised where there has been some continuing involvement in a transferred asset.
IFRS 7 requires entities to provide disclosures in their financial statements that enable users to evaluate: the significance of financial instruments for the entity’s financial position and performance.
IFRS 7, Financial Instruments: Disclosures, consolidates and expands a number of existing disclosure requirements and adds some significant and challenging new disclosures. It is applicable for annual periods beginning on or after 1 January 2007, with prior year comparatives required.
IFRS 7 Financial Instruments: Disclosures requires disclosures about the significance of financial instruments on financial performance and position, and the nature and extent of risks arising. This page provides information on the standard and amendments, with ICAEW factsheets and guides.
20 lut 2017 · IFRS 7 requires a maturity analysis that shows the remaining contractual maturities of its derivative and non-derivative financial liabilities and a description of how it manages the inherent liquidity risk.
