Search results
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 Board had always intended that IFRS 9 Financial Instruments would replace IAS 39 in its entirety. However, IFRS 9 permits an entity to choose as its accounting policy either to apply the hedge accounting requirements of IFRS 9 or to continue to apply the hedge accounting requirements in IAS 39.
IAS 39 establishes principles for recognising and measuring financial assets, financial liabilities and some contracts to buy or sell non-financial items. It also prescribes principles for derecognising financial instruments and for hedge accounting.
International Accounting Standard 39 Financial Instruments: Recognition and Measurement (IAS 39) is set out in paragraphs 2–110 and Appendices A and B. All the paragraphs have equal authority but retain the IASC format of the Standard when it was adopted by the IASB.
IAS 39 has been replaced by IFRS 9 Financial Instruments, except for (1) Insurance entities (2) Entities that continue to apply relevant hedge accounting guidance.
1 paź 2006 · IAS 39 requires a positive intent and ability to hold a financial asset to maturity. In order to be classified as held-to-maturity, a financial asset must also be quoted in an active market. This fact distinguishes held-to-maturity investments from loans and receivables.
Overview. IAS 39 Financial Instruments: Recognition and Measurement outlines the requirements for the recognition and measurement of financial assets, financial liabilities, and some contracts to buy or sell non-financial items.
