SI Consulting’s experienced consultants will help you with IFRS 9 - financial instruments accounting.
IFRS 9 Financial Instruments will replace IAS 39 Financial Instruments: Recognition and Measurements, as the new international accounting standard for financial instruments. The standard contains new principles for the classification and valuation of financial assets. The determining factor for the valuation is based on the company's purpose of holding the asset (business model) and the contractual cash flows of the financial instrument. IFRS 9 enters into force on January 1, 2018.
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