IFRS Bulletin Financial Instruments: Classification and Measurement

IFRS updates ()

The International Accounting Standards Board (IASB) published on 12 November 2009 the new IFRS 9 Financial Instruments: Classification and Measurement. The IASB intends to publish IFRS 9, that will ultimately replace IAS 39, in its entirety by the end of 2010.

The project to replace IAS 39 has been divided in three phases and a separate project on derecognition of financial instruments. Excluded from the current standard is also the classification and measurement of financial liabilities as the IASB decided not to finalise the requirements for financial liabilities before considering the issues relating to recognising changes in an entity’s own credit risk in the remeasurement of financial liabilities.

Previous issues of IFRS updates

Jan 2011 The implications of lease accounting for real estate
Jul 2010 The overhaul of IFRS lease accounting: Catalyst for change in corporate real estate
Apr 2010 IFRS Bulletin ED10 Consolidated Financial Statements
Mar 2010 IFRS Practical Guide Accounting Properties Under Construction
Feb 2010 IFRS and Luxembourg GAAP: Similarities and differences
Feb 2010 IFRS Bulletin Financial Instruments: Classification and Measurement
Jan 2010 A practical guide to IFRS 8 for real estate entities
Aug 2009 A practical guide to amended IAS 40
Jan 2009 Similarities and differences 2009