Meet the New Fed Boss, Same as the Old Boss?
December 01, 2014
IFRS 9 Impairments-Bonds
The effective date for IFRS 9 is January 1, 2018; however, early adoption is permitted. (If a company elects early adoption, it must elect all aspects of IFRS 9 not just the impairment portion.) IFRS 9 includes:
- Financial Instruments
- Classification and Measurement
- Hedging and Derivatives