IAS 39 FINANCIAL INSTRUMENTS - IAS 39 FINANCIAL INSTRUMENTS...

IAS 39 FINANCIAL INSTRUMENTS: RECOGNITION AND MEASUREMENT
HISTORY OF IAS 39
October 1984 Exposure Draft E26 Accounting for Investments
March 1986 IAS 25 Accounting for Investments
1 January 1987 Effective Date of IAS 25
September
1991
Exposure Draft E40 Financial Instruments
January 1994 E40 was modified and re-exposed as Exposure Draft E48 Financial Instruments
June 1995
The disclosure and presentation portion of E48 was adopted as IAS 32 . Work on
recognition and measurement continued
March 1997 Discussion Paper: Accounting for Financial Assets and Financial Liabilities
June 1998 Exposure Draft E62 Financial Instruments: Recognition and Measurement
December 1998 IAS 39 Financial Instruments: Recognition and Measurement
April 2000 Withdrawal of IAS 25 following the approval of IAS 40 , Investment Property
October 2000 Limited revisions to IAS 39 effective 1 January 2001
1 January 2001 Effective Date of IAS 39 (1998)
21 August 2003
Exposure Draft Fair Value Hedge Accounting for a Portfolio Hedge of Interest Rate
Risk (Macro Hedging) issued for public comment
17 December
2003
Revised version of IAS 39 issued by the IASB
The summary of IAS 39 below reflects the December 2003 revisions.
31 March 2004
IAS 39 revised to reflect Macro Hedging
The summary below reflects the macro hedging revisions.