Please let me know the salient points in IFRS 7 which has been recently been made a mandatory disclosure in the audited financial statements.

Under IFRS 7 there are 12 requirements:

Requirement 1
Reconciliation of carrying amounts by classes of financial instruments to IAS 39 measurement categories (at least these categories are HTM, AFS, FVTPL, Loans and Receivables). An entity shall make the decision which classes of financial instruments are appropriate to the nature of the information disclosed taking into account the characteristics of those financial instruments.

Requirement 2
Description of processes for managing the …