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Articles in the IAS 39 Category

DOCUMENTS, FINANCIAL INSTRUMENTS, IAS 39 »

[23 Aug 2012 | No Comment | 107 views]
Accounting for Forward Exchange contract

Can some one tell me the accounting treatment for above subjact?

DOCUMENTS, FINANCIAL INSTRUMENTS, IAS 39 »

[11 Dec 2011 | No Comment | 2,524 views]
Reclassification of Financial Instruments: Is the current European financial crisis considered a rare circumstance?

As many of you already know,  IAS 39 states as follow “An entity shall not reclassify any financial instrument into the fair value through profit or loss category after initial recognition. 50B A financial asset to which paragraph 50(c) applie…

EVENTS, FINANCIAL INSTRUMENTS, IAS 21, IAS 39, UK »

[19 Sep 2011 | Comments Off | 140 views]
IFRS Event: IFRS Application for GENERAL Insurers 23 – 24 November, Central London, UK

IFRS Application for GENERAL Insurers
23 – 24 November, Central London, UK
Visit the Website: http://www.informaglobalevents.com/FKM62275IFLW
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This course provides high quality introductory to interme…

EVENTS, FINANCIAL INSTRUMENTS, IAS 18, IAS 21, IAS 39, UK »

[19 Sep 2011 | Comments Off | 73 views]
IFRS Event: IFRS Application for LIFE Insurers 15–16 November, Central London, UK

IFRS Application for LIFE Insurers
15– 16 November, Central London, UK
Visit the Website: http://www.informaglobalevents.com/FKM62276IFLW
10% discount available with VIP Code FKM62276IFLW
This course provides high quality introductory to intermediat…

DOCUMENTS, IAS 16, IAS 2, IAS 21, IAS 38, IAS 39, IFRS, IFRS 7, TRAINING »

[21 Jun 2011 | No Comment | 2,308 views]
IFRS Implementation-cum-Global Qualification on 3rd July 2011 in New Delhi

For finance and accounts professionals looking for an effective training on IFRS with special focus to India implementation.

EVENTS, IAS 39, UK »

[7 Nov 2010 | Comments Off | 96 views]
London – Hedge Accounting: Register by 12th November to Save up to £400 + an Extra 10% – Your chance to save up to £550! – 8 December 2010

Hedge Accounting stands apart from other areas of the IAS 39 replacement project. Rather than simply ‘patch’ existing requirements, the Hedge Accounting rules are being completely re-written. Consequently, the exposure has been hotly deb…

DOCUMENTS, EVENTS, IAS 39, TRAINING »

[3 Oct 2010 | 3 Comments | 2,910 views]
Hedge Accounting: Register by 6th October to Save up to £600 + an Extra 10%

Hedge Accounting stands apart from other areas of the IAS 39 replacement project. Rather than simply ‘patch’ existing requirements, the Hedge Accounting rules are being completely re-written. Consequently, the exposure has been hotly deb…

DOCUMENTS, EVENTS, IAS 39, TRAINING »

[6 Sep 2010 | 2 Comments | 2,829 views]
IFRS Application for Insurers Training Courses. Receive a special 10% discount as an IFRSList Subscriber!

This is to inform you about 2 interesting IFRS courses in Central London.
Book by Friday 10 th September to SAVE up to £100 plus your 10% IFRS LIST Discount!
See attached email for more details.

IFRS Application for Insurers Training Cours…

DOCUMENTS, FAIR VALUE, FINANCIAL INSTRUMENTS, IAS 39 »

[28 Jan 2010 | One Comment | 3,269 views]
Speculative trading position on accrual accounted asset?

Hello all,
We have several positions of ‘commodity storages’ in our portfolio (oil storage tanks, underground gas storages, coal reserves…). These storages are considered as assets and are valued at a typical average winter/summer commodity sprea…

DOCUMENTS, FAIR VALUE, FINANCIAL INSTRUMENTS, IAS 39, IFRSLIST.COM »

[9 Jan 2010 | 5 Comments | 12,656 views]
Latest IAS 39 treatment on forward contracts

Hello to all IFRS expert,
I would like to clarify the IAS 39 accounting entries for a forward contract.
My company currently open LC for purchase of machinery from japan for our trading business on 11 March 2010. Due to forex volatility, we entered int…

DOCUMENTS, IAS 39, IFRS 7, IFRSLIST.COM, NEWS, RESOURCES »

[3 Dec 2009 | One Comment | 5,295 views]
UE adopted IFRIC 18 and other amendments to IFRIC and Standards (IAS39 + IFRIC 9 and IFRS 4 + IFRS 7)

The Commission of European Communities has adopted:
- IFRIC 18 – IFRIC Interpretation 18 Transfers of Assets from Customers – http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=OJ:L:2009:314:0015:0020:EN:PDF
Amendments to:
- IFRS 4 and I…

FINANCIAL INSTRUMENTS, IAS 39 »

[19 Nov 2009 | One Comment | 5,171 views]
Loss identification period, loan loss provision

Hello,
Can anyone tell me how the “loss identification period” (the period between the loss event and when the company becomes aware of it) should affect the probability of default in a collective provision model under the current IFRS sta…

DOCUMENTS, FINANCIAL INSTRUMENTS, IAS 39, IFRS 7 »

[15 Sep 2009 | 3 Comments | 2,938 views]
Financial Instruments under IFRS

Dear Sir or Madam
Can you tell me what will be include in the Financial Instruments?
and second think i am doing research on the discloser of IFRS by the companies and i am not understanding what would i see in the annual reports of the companies for s…

DOCUMENTS, FINANCIAL INSTRUMENTS, IAS 39 »

[13 Jun 2009 | 2 Comments | 5,683 views]
Option Accounting Entries

Dear All
Our Company is into Oil trade and has entered into options in commodity.
Can some one give me the list of accounting entries under USGAAP in the books of both Options writer and options buyer.
Request you to give the journal entries under bot…

DOCUMENTS, FINANCIAL INSTRUMENTS, IAS 39 »

[28 Mar 2009 | 3 Comments | 3,968 views]
Options

Hi everyone
How do we recognise a put/call option in the balance using the fair value method and not hedge accounting.
Thanks and regards
Catherine

DOCUMENTS, FINANCIAL INSTRUMENTS, IAS 39, IFRS 7 »

[25 Mar 2009 | One Comment | 3,468 views]
IAS 39 & IFRS 7

Dear Group members
please advice me on the following
1) do we need to fair value the retention money, which is payable in after 18 months
2) do we need to fair value the secured loan, where the payment of the prinicpal amount will start from April 09 t…

DOCUMENTS, FINANCIAL INSTRUMENTS, IAS 39, IFRS 7 »

[21 Feb 2009 | One Comment | 5,305 views]
Interest Rate Swap

Dear Experts,
An Org has signed a IRS agrrement with a bank against floating int rate of term loan from another bank.
Before the maturity of agreement period term loan is repaid and another loan obtained from another bank.
Based on int cap and fluctuat…

DOCUMENTS, FINANCIAL INSTRUMENTS, IAS 2, IAS 21, IAS 39, IFRS, IFRS 7 »

[14 Dec 2008 | No Comment | 2,811 views]
Financial instruments

Does it exist a definition for financial instruments?

I am confused with the different perceptions of financial instruments.
Thanks.
Sincerely yours
Emilio

 
Dear Emilio,
 
a Financial instrument is any contract that gives rise to a financial ass…

AUDIT, DOCUMENTS, FINANCIAL INSTRUMENTS, IAS 39, IFRS »

[14 Dec 2008 | No Comment | 6,531 views]
Categories of financial assets IAS 39

Hi, Members.
 
In regard to the above subject please help me to answer the following question.
 
One of the four categories of financial assets as classified in IAS 39, Financial Instruments: Recognition and Measurement is subject to “tainting…

DOCUMENTS, FAIR VALUE, FINANCIAL INSTRUMENTS, IAS 16, IAS 2, IAS 21, IAS 39, IFRS »

[14 Dec 2008 | No Comment | 7,501 views]
Equity investments AFS is a non-monetary items?

Hi all,

We need some guidance in connection to apply the rules explained in IAS 21 related to if investments AFS in capital instruments is a non-monetary item. 
Theses equity investments were made without the intention of take control on any compa…