The International Accounting Standards Board has proposed a set of minor amendments to the financial instruments standard to make it easier to implement.

The changes to IFRS 9 would allow companies using International Financial Reporting Standards to measure certain prepayable financial assets with so-called “negative compensation” at amortized cost. They come in response to comments provided to the IFRS Interpretations Committee.

Register or login for access to this item and much more

All Accounting Today content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access