IFRS 9 - Understanding Financial Instruments and their Accounting
, by Kansal, Sunil Kumar- ISBN: 9781118592274 | 1118592271
- Cover: Paperback
- Copyright: 2/10/2014
There are approximately 100-110 different types of derivative and non-derivative instruments which are commonly traded in the market, and this book covers product descriptions and accounting illustrations of approximately 80-90 of those products. It is the first book of its kind to cover a large number of financial instruments as part of the practical implementation of IFRS 9. There is currently not any book in the market which covers a detailed list of products alongside accounting of IAS 39/IFRS 9.
The book provides detailed guidance on the practical implementation of IFRS 9, covering a large number of financial instruments (both derivative and non-derivative instruments) with real life illustrations, issues, disclosure requirements and suggested accounting entries. Therefore, this is a real handbook on IFRS 9 with in-depth practical implementation guidance which will be handy for a large number of finance professionals.
The authors have written this book with an objective to provide the product and accounting knowledge together within a single publication. Therefore, the book provides in-depth guidance on the practical implementation of the principles of IFRS 9 and at the same time, also provides detailed product guidance (both derivative and non-derivative financial instruments) with illustrative accounting entries and analyses.