Updates to IFRS 9

The December 2020 IFRS Interpretations Committee Update is now available. 

One of the topics discussed at the December 2020 meeting and released under “Committee’s tentative agenda decisions relates to IFRS 9 

• Hedging Variability in Cash Flows due to Real Interest Rates (IFRS 9) 

Source: ifrs.org 

IASB has published the new standard on financial instruments – IFRS 9. This standard replaces IAS 39. Amendments have been made in the classification and measurement of financial assets and a new model for impairment has been introduced. Hedge accounting is also challenging to implement. Our IFRS 9 course will help to clarify these issues and help you to get ready to plan your strategy for the transition to the modified standard. It is also customisable as a refresher course. To read more, click here.