IFRS expert David Cairns provides
a round-up of the latest international accounting standards
IASB
Impairment of Financial Assets Carried at Amortised Cost
The International Accounting Standards Board (IASB) has issued
exposure draft ED/2009/12, Financial Instruments: Amortised Cost and
Impairment, which proposes how credit loss expectations should be
included in the amortised cost measurement of financial assets. The
proposed requirements will form a further chapter of IFRS 9, Financial Instruments.
Already subscribed? Please log in.
Your free features:
- Breaking news and expert analysis
- Customisable daily newsletters
- Six free CPD learning modules each year
- Personalised CPD tracker
- Top 75 Firms league tables
- Regulatory changes
- Hardman’s Tax Data
