IFRS9

A quick overview of IFRS 9

Issued: in 2009; followed by amendments Effective date: 1 January 2018 IFRS 9 replaced IAS 39 Financial Instruments: Recognition and Measurement. What  IFRS 9 (International Financial Reporting Standards Nine) does It prescribes the rules for recognition, measurement (including impairment), derecognition of financial instruments and hedge accounting. It classifies financial assets into 2 categories: Financial assets …

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Save money and time with #summitIFRS9 Toolkit for your IFRS9 swift compliance and reporting

The financial sector is undergoing changes. New standards and regulations call for changes in the status quo for financial institutions.  Your financial institution not spared. Local and global finance partners are increasing in demand for transparency in financial reporting. The time is now for you to position yourself as a role model transformative financial institution …

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