TITLE

IASB PROPOSES FINANCIAL INSTRUMENT ACCOUNTING CHANGES

PUB. DATE
August 2009
SOURCE
Accounting Today;8/17/2009, Vol. 23 Issue 12, p5
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the proposed changes in the International Accounting Standards Board (IASB) regarding the accounting standards for measuring and classifying financial instruments. Such proposal followed various issues raised by the global financial crisis. The IASB proposes to have two classifications for financial assets. The proposal aims to eliminate confusion among impairment approaches for available-for-sale assets and assets measured using amortised cost.
ACCESSION #
43932428

 

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