This publication will guide you through the practical application issues that investment funds may encounter when applying the classification requirements of IFRS 9 Financial Instruments that is to supersede IAS 39 Financial instruments: Recognition and Measurement. It discusses the key requirements and includes interpretative guidance and illustrative examples.
IFRS 9 classification requirements represent a significant change from IAS 39 for financial assets and a limited one for financial liabilities. This publication covers the key issues related to classification under IFRS 9 which may be of a particular interest to investment funds.