What all are the Fin. Reporting standards connected with Financial Instruments?

The three standards connected with financial instrument are:

IAS 32 Financial Instruments: Presentation

 IFRS 7 Financial Instruments: Disclosures

 IFRS 9 Financial Instruments

IAS 32 deals with the classification of financial instruments and their financial statement presentation.

IFRS 7 deals with the disclosure of financial instruments in financial statements.

IFRS 9 is concerned with the initial and subsequent measurement of financial instruments


Here are some of the financial reporting standards that are connected with financial instruments:

  1. IFRS 9 Financial Instruments: This standard sets out the principles for the recognition, measurement, and classification of financial assets and liabilities. It also provides guidance on impairment and hedge accounting.
  2. IFRS 7 Financial Instruments: Disclosures: This standard requires entities to provide extensive disclosures about their financial instruments, including their nature, extent, and risks.
  3. IAS 32 Financial Instruments: Presentation: This standard sets out the rules for the presentation and disclosure of financial instruments, including how they should be classified as liabilities or equity.
  4. IAS 39 Financial Instruments: Recognition and Measurement: This standard provides guidance on the recognition, measurement, and derecognition of financial instruments, including the use of fair value accounting.
  5. IFRS 13 Fair Value Measurement: This standard provides guidance on how to measure fair value for financial instruments, including the use of market-based information and valuation techniques.

Overall, these standards provide a comprehensive framework for the accounting and reporting of financial instruments, ensuring that entities provide transparent and accurate information about their financial positions to stakeholders.

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