Home » Archive

Articles in the IFRS 7 Category

DOCUMENTS, IFRS 7, IFRS 7 Financial Instruments: Disclosures »

[1 Dec 2011 | Comments Off | 70 views]
IFRS 7 – Financial Instruments: Disclosures

List of useful info, resources and documents available on other websites about IFRS 7 – Financial Instruments: Disclosures. Summary of IFRS 7 – IASPlus A guide to IFRS 7 (PWC April 2010) A Practical guide to IFRS 7 Full Text of the IFRS … …

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

[21 Jun 2011 | No Comment | 2,304 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.

ASIA, DERIVATIVE, EVENTS, HEDGING, HONG KONG, IFRS 7 »

[19 Oct 2010 | Comments Off | 93 views]
Hong Kong – IASeminars Course 1208: IFRS for Derivatives and Hedging (2 days) – Save 40% as IFRSList member

You can save 40% of discount on this course as IFRSList member. Remember to use this special promotion code “LIST40“.
The International Accounting Standards Board (IASB) recently issued a new standard on Financial Instruments – IFRS 9, which…

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

[3 Dec 2009 | One Comment | 5,293 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…

DOCUMENTS, FINANCIAL INSTRUMENTS, IAS 39, IFRS 7 »

[15 Sep 2009 | 3 Comments | 2,933 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, IFRS 7 »

[25 Mar 2009 | One Comment | 3,467 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 | 5,293 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 | 2,805 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, FAIR VALUE, FINANCIAL INSTRUMENTS, IAS 39, IFRS, IFRS 7 »

[14 Dec 2008 | No Comment | 3,706 views]
IFRS 7

Hi

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

 
Under IFRS 7 there are 12 requirements:
 

Requirement 1
Reconciliat…

DOCUMENTS, FINANCIAL INSTRUMENTS, IFRS 7 »

[28 Aug 2008 | No Comment | 3,745 views]
Disclosure notes on IFRS 7

Can any one let us know if there are any model notes for financial statements for disclosures as per IFRS 7 “Financial Instruments Disclosures” in the financial statements as per IAS 34 “Interim Financial Reporting”?
 
Do th…

IFRS 7 »

[26 Aug 2008 | No Comment | 2,390 views]

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 …

IFRS 7 »

[26 Aug 2008 | No Comment | 1,968 views]

Hi

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

Bookmark on Delicious
Digg this post
Recommend on Facebook
Share on Linkedin
share via Reddit
Share with Stumblers
Tweet about it
Subscribe to the comments on this post
Tell a friend
Print for later

IFRS 7 »

[4 Dec 2007 | No Comment | 1,913 views]

Here is a link to a free download of an IFRS presentation and disclosure checklist which will be a useful tool for your purposes.
http://www.iasplus.com/fs/fs.htm#2007ifrschk
Go through this and it would be easier for you to adapt the disclosure requirements to your specific circumstances.
Regards

Bookmark on Delicious
Digg this post
Recommend on Facebook
Share on Linkedin
share via Reddit
Share with Stumblers
Tweet about it
Subscribe to the comments on this post
Tell a friend
Print for later

IFRS 7 »

[4 Dec 2007 | No Comment | 12,780 views]

I understand you might not have any debt or financial assets, but as trading company
you must have some trade receivables (trade debtors). The credit losses (bad debts) recognition/reconciliation is the something you need to disclosue under IFRS7.
In addition you need to have disclousures about accounting policies dealing with financial instruments.
Regards,

Bookmark on Delicious
Digg this post
Recommend on Facebook
Share on Linkedin
share via Reddit
Share with Stumblers
Tweet about it
Subscribe to the comments on this post
Tell a friend
Print for later

IFRS 7 »

[4 Dec 2007 | No Comment | 13,309 views]

Hello there
i am new to the group !!
I work for a trading company and was wonder what a re new disclosures need to made to complie with IFRS 7 as we dont not hold any debts on liablity side
Best regards

I understand you might not have any debt or financial assets, but as trading company
you must have some trade receivables (trade debtors). The credit losses (bad debts) recognition/reconciliation is the something you need to disclosue under IFRS7.
 
In addition you need to have disclousures about accounting policies dealing with financial instruments.
 
Regards

Dear Sandeep,
 
Here …