fvpl

IFRS 9, ‘Financial instruments’, replaces the guidance in IAS 39 and introduces new requirements on the classification and measurement of financial assets and liabilities, as well as an expected credit losses model. reality quest chapter 54 The final hedging part of IFRS 9 was issued in November 2013. reality quest chapter 54 The ECL model is based on the change in credit quality of financial assets since initial recognition and requires extensive disclosures