IFRS Straight away
10.11.2010Company: PricewaterhouseCoopers Česká republika, s.r.o.
This 'Straight away' provides guidance on the IASB's updated IFRS 9, 'Financial instruments'.
The amended standard includes guidance on financial liabilities and derecognition of financial instruments. The accounting and presentation for financial liabilities and for derecognising financial instruments has been relocated from IAS 39, 'Financial instruments: Recognition and measurement', without change, except for financial liabilities that are designated at fair value through profit or loss. The updated standard is applicable for accounting periods beginning on or after 1 January 2013.
For more download the attached file.
