ifrs7 - IFRS 7 International Financial Reporting Standard 7...

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IFRS 7 © IASCF A203 International Financial Reporting Standard 7 Financial Instruments: Disclosures This version includes amendments resulting from IFRSs issued up to 31 December 2009. IAS 30 Disclosures in the Financial Statements of Banks and Similar Financial Institutions was issued by the International Accounting Standards Committee in August 1990. In April 2001 the International Accounting Standards Board (IASB) resolved that all Standards and Interpretations issued under previous Constitutions continued to be applicable unless and until they were amended or withdrawn. In August 2005 the IASB issued IFRS 7 Financial Instruments: Disclosures , which replaced IAS 30. IFRS 7 and its accompanying documents have been amended by the following IFRSs: Financial Guarantee Contracts (Amendments to IAS 39 and IFRS 4) (issued August 2005) •I A S 1 Presentation of Financial Statements (as revised in September 2007) * F R S 3 Business Combinations (as revised in January 2008) Puttable Financial Instruments and Obligations Arising on Liquidation (Amendments to IAS 32 and IAS 1) (issued February 2008) * Improvements to IFRSs (issued May 2008) * Reclassification of Financial Assets (Amendments to IAS 39 and IFRS 7) (issued October 2008) § Reclassification of Financial Assets—Effective Date and Transition (Amendments to IAS 39 and IFRS 7) (issued November 2008) § Improving Disclosures about Financial Instruments (Amendments to IFRS 7) (issued March 2009) * F R S 9 Financial Instruments (issued November 2009). ø The following Interpretations refer to IFRS 7: F R I C 1 2 Service Concession Arrangements (issued November 2006 and subsequently amended) F R I C 1 7 Distributions of Non-cash Assets to Owners (issued November 2008). * effective date 1 January 2009 effective date 1 July 2009 § effective date 1 July 2008 ø effective date 1 January 2013 (earlier application permitted)
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IFRS 7 A204 © IASCF C ONTENTS paragraphs INTRODUCTION IN1–IN8 INTERNATIONAL FINANCIAL REPORTING STANDARD 7 FINANCIAL INSTRUMENTS: DISCLOSURES OBJECTIVE 1–2 SCOPE 3–5 CLASSES OF FINANCIAL INSTRUMENTS AND LEVEL OF DISCLOSURE 6 SIGNIFICANCE OF FINANCIAL INSTRUMENTS FOR FINANCIAL POSITION AND PERFORMANCE 7–30 Statement of financial position 8–19 Categories of financial assets and financial liabilities 8 Financial assets or financial liabilities at fair value through profit or loss 9–11 Financial assets measured at fair value through other comprehensive income 11A–11B Reclassification 12B–12D Derecognition 13 Collateral 14–15 Allowance account for credit losses 16 Compound financial instruments with multiple embedded derivatives 17 Defaults and breaches 18–19 Statement of comprehensive income 20–20A Items of income, expense, gains or losses 20–20A Other disclosures 21–30 Accounting policies 21 Hedge accounting 22–24 Fair value 25–30 NATURE AND EXTENT OF RISKS ARISING FROM FINANCIAL INSTRUMENTS 31–42 Qualitative disclosures 33 Quantitative disclosures 34–42 Credit risk 36–38 Financial assets that are either past due or impaired 37
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ifrs7 - IFRS 7 International Financial Reporting Standard 7...

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