IFRS 9, Financial instruments: Understanding the basics
This publication, IFRS 9, Financial instruments: Understanding the basics, walks corporate entities through the new accounting rules for classification and measurement and impairment. IFRS 9 responds to criticisms that IAS 39 was inconsistent with the way that entities manage their businesses and risks. It is effective for most entities from 1 January 2018. This publication and the accompanying videos should help you navigate that transition process with simple explanations and examples of how you might be affected.