IAS 39 definition

IAS 39 means standard 39 (relating to financial instruments) under IFRS.
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IAS 39 means International Accounting Standard 39 (Financial Instruments: Recognition and Measurement), as in force at 31 December 2009 and as applied by the Issuer in connection with the preparation of its annual audited financial statements for the financial year ended 31 December 2009.
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IAS 39 means International Financial Reporting Standard 39, Financial Instruments: Recognition and Measurement;
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Examples of IAS 39 in a sentence

  • The new standard also requires a single impairment method to be used, replacing the multiple impairment methods in IAS 39.

  • IFRS 9 uses a single approach to determine whether a financial asset is measured at amortized cost or fair value, replacing the multiple rules in IAS 39.

  • For financial liabilities, the standard retains most of the IAS 39 requirements.

  • It also carries forward the guidance on recognition and derecognition of financial instruments from IAS 39.

  • It replaces the guidance in IAS 39 that relates to the classification and measurement of financial instruments.

  • Most of the requirements in IAS 39 for classification and measurement of financial liabilities were carried forward unchanged to IFRS 9.

  • There is now a new expected credit losses model that replaces the incurred loss impairment model used in IAS 39.

  • It replaces the parts of IAS 39 that relate to the classification and measurement of financial instruments.

  • This standard replaces IAS 39 Financial Instruments: Recognition and Measurement.

  • Most of the requirements in IAS 39 for classification and measurement of financial liabilities were carried forward unchanged to IFRS 9, except that an entity choosing to measure a financial liability at fair value will present the portion of any change in its fair value due to changes in the entity’s own credit risk in other comprehensive income, rather than within profit or loss.


More Definitions of IAS 39

IAS 39 means IAS 39 Financial Instruments: Recognition and Measurement;
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IAS 39 means IAS 39, Financial Instruments: Recognition and Measurement. “IFRS” means International Financial Reporting Standards.
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Related to IAS 39

  • IASB means the International Accounting Standards Board;

  • ISP 98 means, with respect to any Letter of Credit, the “International Standby Practices 1998” published by the Institute of International Banking Law & Practice, Inc. (or such later version thereof as may be acceptable to the applicable Issuing Bank and in effect at the time of issuance of such Letter of Credit).

  • HKFRS Hong Kong Financial Reporting Standards issued by the Hong Kong Institute of Certified Public Accountants

  • UCP 600 means the rules of the Uniform Customs and Practice for Documentary Credits, as most recently published by the International Chamber of Commerce and in effect as of July 1, 2007 (or such later version thereof as may be in effect at the time of issuance).

  • Previously Absent Financial Maintenance Covenant means, at any time, any financial maintenance covenant that is not included in the Loan Documents at such time.

  • MARPOL 73/78 means the International Convention for the Prevention of Pollution from Ships, 1973, as amended by the Protocol of 1978 relating thereto and by any other amendment in force thereafter;

  • IAS means International Accounting Standards.

  • IFRS means the International Financial Reporting Standards as issued by the International Accounting Standards Board.

  • Financials means the annual or quarterly financial statements, and accompanying certificates and other documents, of the Borrower and its Subsidiaries required to be delivered pursuant to Section 5.01(a) or 5.01(b).

  • Historical Financial Statements means the audited consolidated balance sheets of the Borrower as of December 31, 2006 and December 31, 2005 and the audited consolidated statements of income, stockholders’ equity and cash flows of the Borrower for each of the fiscal years in the three year period ending on December 31, 2006.

  • Year-End Financial Statements has the meaning set forth in Section 3.06.

  • SAP means the SAP entity that has entered into this Agreement, as well its Affiliates.

  • SSAP means a sporting sanctions appeal panel to be appointed to determine an appeal against a deduction of points under Rule 13.

  • International Financial Reporting Standards means the accounting standards and interpretations adopted by the International Accounting Standards Board.

  • Environmental Standards means regulations or certification specifications governing the certification of designs with regard to noise characteristics and exhaust emissions of civil aeronautical products and appliances.

  • Annual Financial Statements has the meaning set forth in Section 3.06.

  • Public access means that the public can inspect and obtain a copy of the information in a court record.

  • SOLAS means the International Convention for the Safety of Life at Sea, 1974, as amended.

  • Historical data means data collected more than five years before the department’s date of listing or other determination under section 455B.194, subsection 1.

  • Registered Public Accounting Firm has the meaning specified in the Securities Laws and shall be independent of the Borrower as prescribed by the Securities Laws.

  • Certified public accountant means an individual who is either of the following:

  • Quarterly Financial Statements is defined in Section 6.2(a).

  • Actuarial Standards Board means the board established by the American Academy of Actuaries to develop and promulgate standards of actuarial practice.

  • Australian Accounting Standards refers to the standards of that name, as amended from time to time, that are maintained by the Australian Accounting Standards Board referred to in section 227 of the Australian Securities and Investments Commission Act 2001 (Cth);

  • Specified public utility means an electrical corporation, gas corporation, or telephone corporation, as those terms are defined in Section 54-2-1.

  • AICPA means the American Institute of Certified Public Accountants.