tailieunhanh - Lecture IFRS primer international GAAP basics: Chapter 19 - Wiecek, Young

Chapter 19, financial Instruments – Presentation: IAS 32. The main contents of the chapter consist of mains parts: Related standards, IAS 32, current GAAP comparisons, looking ahead, end-of-chapter practice. | Financial Instruments –Presentation: IAS 32 Wiecek and Young IFRS Primer Chapter 19 Financial Instruments – Presentation: IAS 32 Related standards IAS 32 Current GAAP comparisons Looking ahead End-of-chapter practice Related Standards FAS 133 Accounting for Derivative Instruments and Hedging Activities FAS 138 Accounting for Certain Derivative Instruments and Certain Hedging Activities—an amendment of FASB Statement No. 133 FAS 150 Accounting for Certain Financial Instruments with Characteristics of both Liabilities and Equity FAS 155 Accounting for Certain Hybrid Financial Instruments—an amendment of FASB Statements No. 133 FAS 157 Fair Value Measurements Related Standards IFRS 7 Financial Instruments: Disclosures IAS 1 Presentation of Financial Statements IAS 39 Financial Instruments: Recognition and Measurement IAS 32 – Overview Objective and scope Presentation IAS 32 – Objective and Scope This standard deals with financial liabilities and equity instruments from the perspective of the issuer Provides guidance on how to present compound (hybrid) instruments, where the instrument contains both debt and equity components, including some guidance on how to measure and bifurcate compound instruments Finally, it gives significant guidance on and examples of how to account for derivatives that deal with the entity’s own equity instruments IAS 32 – Objective and Scope A financial asset is any asset that is (a) Cash (b) An equity instrument of another entity (c) A contractual right (i) To receive cash or another financial asset from another entity, or (ii) To exchange financial assets or financial liabilities with another entity under conditions that are potentially favorable to the entity; or (d) A contract that will or may be settled in the entity’s own equity instruments and is (i) A non-derivative for which the entity is or may be obliged to receive a variable number of the entity’s own equity instruments, or (ii) A derivative that will . | Financial Instruments –Presentation: IAS 32 Wiecek and Young IFRS Primer Chapter 19 Financial Instruments – Presentation: IAS 32 Related standards IAS 32 Current GAAP comparisons Looking ahead End-of-chapter practice Related Standards FAS 133 Accounting for Derivative Instruments and Hedging Activities FAS 138 Accounting for Certain Derivative Instruments and Certain Hedging Activities—an amendment of FASB Statement No. 133 FAS 150 Accounting for Certain Financial Instruments with Characteristics of both Liabilities and Equity FAS 155 Accounting for Certain Hybrid Financial Instruments—an amendment of FASB Statements No. 133 FAS 157 Fair Value Measurements Related Standards IFRS 7 Financial Instruments: Disclosures IAS 1 Presentation of Financial Statements IAS 39 Financial Instruments: Recognition and Measurement IAS 32 – Overview Objective and scope Presentation IAS 32 – Objective and Scope This standard deals with financial liabilities and equity instruments

• Kế toán - Kiểm toán
• International Financial Reporting Standards
• Non financial assets
• Reporting basics
• Financial assets
• Reporting entity
• Financial Instruments
• Financial institutions
• Financial markets
• Financial system
• Futures market instruments
• Futures market participants
• Futures contracts
• International Financial Reporting Standard
• Tiêu chuẩn báo cáo tài chính quốc tế
• Financial statements
• Financial position
• Impact of globalisation
• Functions of the financial system
• Financial reporting
• Financial information
• Financial statement analysis
• Balance sheet illustration
• Bonds payable
• Flow of funds
• Modern financial system
• Modern financial system
• Merchant banks
• Non bank financial institutions