About this document
IAS 39 Replacement Guiding Principles by ama is a document available to read on EtoBox.
The document outlines guiding principles for replacing IAS 39 regarding financial instruments accounting. It discusses principles such as using a two-category approach that does not expand fair value accounting, reflecting business models, avoiding undue complexity, recognizing loan losses earlier, and using robust provisioning based on expected credit losses over the life of loans. Transparency and disclosures should also be increased.
- Author
- ama
- Language
- EN