Switzerland

Details

  • Service: Financial Services, Audit, IFRS
  • Type: Business and industry issue
  • Date: 8/6/2014

The future of accounting for financial instruments starts now 

On 24 July 2014 the IASB has issued the final version of its new standard on financial instruments accounting – IFRS 9 Financial Instruments.
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This new standard will replace IAS 39 “Financial Instruments: Recognition and Measurement”. It is worthwhile for industrial companies to analyze the new requirements and to weigh the advantages and disadvantages of an early application.
 

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