IAS 39 definition

IAS 39 means standard 39 (relating to financial instruments) under IFRS.
Sample 1Sample 2
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.
Sample 1Sample 2
IAS 39 means International Financial Reporting Standard 39, Financial Instruments: Recognition and Measurement;
Sample 1

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.

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

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

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

  • Subsequent changes to the fair value of the contingent consideration that is deemed to be an asset or liability is recognised in accordance with IAS 39 either in profit or loss or as a change to other comprehensive income.


More Definitions of IAS 39

IAS 39 means IAS 39 Financial Instruments: Recognition and Measurement;
Sample 1Sample 2
IAS 39 means IAS 39, Financial Instruments: Recognition and Measurement. “IFRS” means International Financial Reporting Standards.
Sample 1

Related to IAS 39

  • IASB means the International Accounting Standards Board;

  • ISP 98 means the International Standby Practices (1998 Revision, effective January 1, 1999), International Chamber of Commerce Publication No. 590.

  • 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 amended by the Protocol of 1978 relating thereto and by any other amendment in force thereafter;

  • IAS means International Accounting Standards;

  • IFRS means 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 as of the Closing Date, (a) the audited consolidated balance sheets and related statements of income and cash flows of the Borrower for the Fiscal Years ended December 31, 2019 and December 31, 2020 and (b) the unaudited consolidated balance sheets and related statements of income and cash flows of Holdings for each fiscal quarter (other than the fourth fiscal quarter) ended after the most recent fiscal year of Holdings and at least forty-five (45) days prior to the Closing Date.

  • Year-End Financial Statements has the meaning specified in Section 4.5.

  • 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.

  • RPI means the figure shown under the heading “All Items” in the Index of Retail Prices published monthly by the National Statistics Office (or any successor thereto);

  • 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.