EFFAS EFFAS

Login to your account

Username *
Password *
Remember Me
  • Forgot your password?
  • Forgot your username?

Main Menu

  • Home
  • About Us
    • Executive Management Committee
    • EFFAS Charter
    • Annual Reports
    • Principles Of Ethical Conduct
    • Commissions
      • CESG - Environment, Social and Governance
      • CMC - Capital Markets
      • CFR - Commission on Financial Reporting
      • TQC - Training and Qualification
    • International Relationships
    • History
    • Main Activities
    • Member Societies
    • Arbitration Board
    • Our Partners
  • Events
    • Seminars & Conferences
    • Summer School
    • EFFAS CESG Conference
    • EFFAS Governance Meetings
  • Papers
    • EFFAS Standard Setter
    • EFFAS Position Papers
    • Articles
    • Videos
  • Education And Qualification
    • Certified European Financial Analyst (CEFA)
    • EFFAS Certified ESG Analyst (CESGA®)
    • Financial Modelling Certifications (MODEX)
    • Certified International Investment Analyst (CIIA)
    • EFFAS E-Learning Platform
    • EFFAS Common Exams
    • Scholarships and Grants
  • News and Press Center
    • News and Press Center
    • EFFAS Newsletter
    • ESG News Bulletin
    • Financial Regulation and Funds Newsletter
  • Jobs offers
    • United kingdom
    • Germany
    • France
    • Spain
    • Hungary
  • Legal
    • Privacy and Cookies Policy
    • Legal Notice
  • Summer School
  • Contact
  • Home
  • About Us
    • Executive Management Committee
    • EFFAS Charter
    • Annual Reports
    • Principles Of Ethical Conduct
    • Commissions
      • CESG - Environment, Social and Governance
      • CMC - Capital Markets
      • CFR - Commission on Financial Reporting
      • TQC - Training and Qualification
    • International Relationships
    • History
    • Main Activities
    • Member Societies
    • Arbitration Board
    • Our Partners
  • Events
    • Seminars & Conferences
    • Summer School
    • EFFAS CESG Conference
    • EFFAS Governance Meetings
  • Papers
    • EFFAS Standard Setter
    • EFFAS Position Papers
    • Articles
    • Videos
  • Education And Qualification
    • Certified European Financial Analyst (CEFA)
    • EFFAS Certified ESG Analyst (CESGA®)
    • Financial Modelling Certifications (MODEX)
    • Certified International Investment Analyst (CIIA)
    • EFFAS E-Learning Platform
    • EFFAS Common Exams
    • Scholarships and Grants
  • News and Press Center
    • News and Press Center
    • EFFAS Newsletter
    • ESG News Bulletin
    • Financial Regulation and Funds Newsletter
  • Jobs offers
    • United kingdom
    • Germany
    • France
    • Spain
    • Hungary
  • Legal
    • Privacy and Cookies Policy
    • Legal Notice
  • Summer School
  • Contact
  1. Home
  2. News and Press Center
  3. News and Press Center
  4. EFRAG requests comments on its draft endorsement advice on IFRS 9 Financial Instruments

EFRAG requests comments on its draft endorsement advice on IFRS 9 Financial Instruments

EFRAGEFRAG has issued a draft endorsement advice letter (with supporting appendices) and a separate Invitation to Comment relating to the endorsement for use in the EU of IFRS 9 Financial Instruments (the Standard). EFRAG is consulting on both its assessment of the Standard against the technical criteria in the EU and on its assessment of whether IFRS 9 is conducive to the European public good (which includes the costs and benefits associated with implementing the Standard).

IFRS 9 replaces most of the requirements of IAS 39 Financial Instruments: Recognition and Measurement with a principle-based and less complex standard. IFRS 9 changes the classification requirements for financial assets, using a single approach for all types of financial assets. Only basic lending instruments are potentially eligible for measurement at amortised cost and all other financial assets are measured at fair value. Measuring all non-basic lending instruments at fair value has led to the elimination of the multiple impairment models in IAS39 and the design of a single model based on the principle of expected, rather than incurred, credit losses results in earlier recognition of credit losses. The hedge accounting requirements more closely align hedge accounting with risk management practices.

IFRS 9 becomes effective for annual periods beginning on or after 1 January 2018, with earlier application permitted.

Comments are requested by 30 June 2015.

Document : IFRS_9_Invitation_to_comment_-_May_4_2015_-_final.pdf

Linked Project : click here

Read the complete News


  • Prev
  • Next

Latest News

 More than 1,200 asset managers already have the EFFAS ESG analyst certification, CESGA
25 February 2021

More than 1,200 asset managers already have the EFFAS ESG analyst certification, CESGA

Frankfurt, 24 February 2021 A total of 1,268 asset managers from around the world already have the CESGA® title, an analyst certificate in ESG (Environmental, Social and Governance), from the European...

Read More...
19 February 2021

ESMA WEBINAR – WORKING PAPER ON MIFID II RESEARCH UNBUNDLING

Frankfurt, 19 February 2021 ESMA will hold on Tuesday 25 February 2021 a webinar to present the working paper and its findings, followed by a Q A session. The European Securities...

Read More...
04 February 2021

IFRS Foundation Trustees announce next steps in response to broad demand for global sustainability standards

Frankfurt, 3 February 2021 The Trustees of the IFRS Foundation met on 1 February 2021 to review responses to the first three questions of their consultation paper on sustainability reporting –...

Read More...
22 January 2021

The AIAF is celebrating its 50th Anniversary.

Frankfurt 21 January 2021 The EFFAS member Associazione Italiana per l’Analisi Finanziaria (AIAF) is holding a live stream event to celebrate its 50th Anniversary on January 25, 2021 at 11.30 -...

Read More...

Navigation

  • News and Press Center
  • EFFAS Newsletter
  • ESG News Bulletin
  • Financial Regulation and Funds Newsletter

Legal

  • Privacy and Cookies Policy
  • Legal Notice

About Us

  • Charter
  • Annual Records
  • Principles of Ethical Conduct
  • Commissions

Training

  • Certified European Financial
    Analyst (CEFA)
  • Certified Enviromental Social and Governance Analysts (CESGA)
  • Financial Modelling Certifications
    (Modex)
  • Certified International Investment
    Analyst (CIIA)

Other

  • Events
  • Papers
  • News and Press Center
  • TQC
Copyright © 2021 EFFAS : European Federation of Financial Analysts Societies. All Rights Reserved.