Skip to content
English
Go to entrycounts.com
  • There are no suggestions because the search field is empty.

What is a financial instrument IFRS9

Here are some basics to help you refresh yourself with GPFR in Xero

Paragraph 11 of AASB 132/IAS 32 defines a financial instrument as: 

any contract that gives rise to a financial asset of one entity and a financial liability or equity instrument of another entity.

What do you need to do?

See next sections.