IAS 39

Debt restructuring under IFRS 9: changes you may have missed

IFRS 9 has now been applicable for over a year, but some of its changes have often been either overseen or neglected—even when they could have a material impact on the accounts. One of these is the treatment of non-substantial modifications of financial assets or financial liabilities when amending contractual terms within a restructuring transaction. There is […]
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The debate continues over IFRS 9 (accounting for equity investments)

Will IFRS 9 end up discouraging investors? I asked that question in another article a few months ago in a discussion of the new requirements, which relate to the accounting treatment of equity investments under IFRS 9. In August 2018, the European Financial Reporting Advisory Group (EFRAG) published a summary of the 53 letters that constituents wrote in response […]

We analysed the first IFRS 9 disclosures by banks

IFRS 9 has been effective since 1 January. With some of the world’s major listed banks now issuing their financial reports, we are interested in how they have implemented the new requirements. IFRS 9 was always going to have a material—some said significant—impact on banks’ financial statements and business processes, both quantitatively and qualitati […]
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