Financial Instruments 2015 Guide

This Guide offers a unique single reference point for all those who need to have a detailed knowledge of reporting and accounting for financial instruments in accordance with IFRS.

This publication comprises two volumes, sold together as a set:

Volume 1: a guide through the official text of IAS 39 and the other financial instruments Standards.  With extensive cross-references and other annotations.

This volume contains the consolidated text of the IASB's Standards on financial instruments as required for the financial year beginning on 1 January 2015, assuming no early application:

• IAS 32 Financial Instruments: Presentation;
• IAS 39 Financial Instruments: Recognition and Measurement;
• IFRS 7 Financial Instruments: Disclosures.
• It also contains the Interpretations of IFRS 7, IAS 32 and IAS 39, which were developed by the IFRS Interpretations Committee:
• IFRIC 2 Members’ Shares in Co-operative Entities and Similar Instruments;
• IFRIC 9 Reassessment of Embedded Derivatives;
• IFRIC 10 Interim Financial Reporting and Impairment;
• IFRIC 16 Hedges of a Net Investment in a Foreign Operation;
• IFRIC 19 Extinguishing Financial Liabilities with Equity Instruments.
• Selected extracts regarding changes in the fair value of a financial liability attributable to changes in its credit risk are included in an Appendix.

Volume 2: a guide through the official text of IFRS 9 and the other financial instruments Standards. With extensive cross-references and other annotations.

This volume contains the consolidated text of the IASB’s Standards on financial instruments as issued at 1 January 2015, assuming early application:

• IAS 32 Financial Instruments: Presentation;
• IFRS 9 Financial Instruments;
• IAS 39 Financial Instruments: Recognition and Measurement; and
• IFRS 7 Financial Instruments: Disclosures.
• The volume also contains the Interpretations of IFRS 7, IFRS 9, IAS 32 and IAS 39, which were developed by the IFRS Interpretations Committee:
• IFRIC 2 Members’ Shares in Co-operative Entities and Similar Instruments;
• IFRIC 16 Hedges of a Net Investment in a Foreign Operation; and
• IFRIC 19 Extinguishing Financial Liabilities with Equity Instruments .