Financial Instruments - The GAAP Site

Achieving Hedge Accounting in Practice- PwC In Depth IFRS 9 Guide

August 25, 2021 alishan No Comments

Hedge accounting under IFRS 9 is more attractive than under IAS 39. And it may be easier to comply with the requirements although ‘easier’ is a relative term. Hedge accounting is still optional but a wider range of instruments qualify as hedging instruments, effectiveness testing is simplified and more things can be hedged. This in…

IFRS, PwC IFRS Publications

Acquiring loans Accounting by banks for loans

April 21, 2021August 21, 2021 alishan No Comments

IFRS 9 Financial Instruments sets out the general principles for recognising, classifying, and measuring financial assets – e.g. loans. These principles apply for both originated and acquired loans and for certain loan commitments, but how do they apply? This KPMG Publication deals with Accounting by banks for loans acquired either directly or through a business combinations. Download…

KPMG IFRS Publications