AC2101 S1 2014 Seminar 10 FA.pptx

Aspx ifrs 9 project 3 phase 3 hedge accounting

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Unformatted text preview: sal of AFS equity impairment *  HTM tainting rule 11 IFRS 9 Project 3 phases to replace IAS 39 by IASB with IFRS 9 (not yet adopted in Singapore) 1.  Phase 1 •  Classification and measurement of financial instruments •  Issued in November 2009 •  Re- issed in October 2010 •  ED – limited revision, Q4 2012 •  IFRS 9 adoption deferred to 2015 12 6 28/8/13 IFRS 9 Project 3 phases to replace IAS 39 by IASB with IFRS 9 (not yet adopted in Singapore) 2.  Phase 2 •  Impairment methodology •  Re- issue ED in Q1, 2013 •  http://www.ifrs.org/Current- Projects/IASB- Projects/Financial- Instruments- A- Replacem...
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