In IFRS 9 collateral is a relevant factor in the measurement of expected credit losses.
In IFRS 9 the estimate of expected cash shortfalls is reflected by the cash flows expected from collateral and other credit enhancements that are integral to the instrument’s contractual terms. The estimate of expected cash shortfalls on a collateralized financial instrument reflects:… Continue reading
This is a high level summary of the disclosure requirements added to IFRS 7 Financial Instruments: Disclosures that accompanies the impairment model in IFRS 9 Financial Instruments.
An entity is required to disclose:… Continue reading
Disclosures for financial liabilities measured at fair value through profit or loss
The following disclosures make reference to disclosures for financial liabilities measured at fair value through profit or loss. Entities that have only basic financial instruments (and therefore do not apply Other Financial Instrument Issues ) will not have any financial liabilities measured at fair value through profit or loss and hence will not need to provide such disclosures.
Disclosure of accounting policies for financial instruments
… Continue reading