TO ALL MEMBERS OF THE INSTITUTE
(TA_3/2019)
Subject: IFRS 9 ‘Financial Instruments’ - Implementation considerations – focusing on impairment provisions
The aim of this alert is to remind members about their responsibilities in implementing IFRS 9 ‘Financial Instruments’. We share helpful guidance in relation to the application of the IFRS 9 requirements. Focus is placed on the implementation of impairment provisions. Specific areas considered are: Intercompany loans, Financial Guarantees, Bank Deposits and Trade Receivables.
The TA 3/2019 can be downloaded here.