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 IAS 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.

  • The company has chosen to use IAS 39 as a basis for interpretation when recognising impairment of financial assets, which means that impairments must be made to offset losses where an objective indication is deemed to have occurred that an account receivable or a portfolio of accounts receivable is impaired.

  • The forward exchange contracts do not meet IAS 39 criteria for hedge accounting.

  • The Company accounts for interest rate swaps in accordance with the hedge accounting rules of IAS 39 for cash flow ▇▇▇▇▇▇.

  • The SBP through its BSD Circular letter No. 11 dated September 11, 2002 has deferred the implementation of IAS 39 ‘Financial Instruments: Recognition and Measurement’ and IAS 40 ‘Investment Property’ for Non-Banking Financial Institutions (NBFIs) in Pakistan.

  • Derivative contracts serve as components of the Company’s investment strategy and are utilised primarily to structure and economically hedge investments to enhance performance and reduce risk to the Company (the Company does not designate any derivatives as ▇▇▇▇▇▇ for hedge accounting purposes as described under IAS 39).

  • The company has chosen to use IAS 39 as a basis for interpretation when recognising impairment of financial assets, which means that impairments must be made to offset losses where an objective indication is deemed to have occurred that an account receivable or a portfolio of accounts receivable is impaired.If an objective indication shows that an individual account receivable has been impaired, an impairment takes place at individual level.

  • Notwithstanding the foregoing, for purposes of determining compliance with any covenant (including the computation of any financial covenant) contained herein, Indebtedness shall be based on the carrying amount of the financial liabilities and the effects of IAS 39 or IFRS 9 or similar positions under IFRS on financial liabilities shall be disregarded, in this respect.

  • The amendment is applied prospectively and clarifies that all contingent consideration arrangements classified as liabilities (or assets) arising from a business combination should be subsequently measured at fair value through profit or loss whether or not they fall within the scope of IAS 39.


More Definitions of IAS 39

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

  • MARPOL 73/78 means the International Convention for the Prevention of Pollution from Ships (1973) as modified by the Protocol of 1978 relating thereto;