IFRS 9

IFRS 9

1. Initial Measurement

   • At fair value
     • Add TX if Asset
       • Not capitalized if measurement is at fair value through p/l
         • Expensed
     • Deduct TX if Liability
   • Classification
     • FV through P/L
       • Asset
         • Default category
         • Mandatorily
           • Shares held speculatively
           • Short-term profit making
         • Designated
           • Reduce inconsistency
           • Irrevocable after initial M
       • Liability
         • Mandatorily
           • Held for trading
         • Designated
     • FV through OCI
       • Asset
         • Mandatorily
           • Collect contractual cash flows
           • Selling the asset
         • Designated
           • Not held for trading
     • Amortised Cost
       • Asset
         • Criteria
           • Business model = collect cash flows
           • Payments on amounts outstanding
       • Liability
         • Classify Liabilities always
           • Not: other category is used
           • Not: Liability arose on derecognition
         • Default
         • Criteria
     • Based on : Business model for management
     • Based on : Cash flow characteristics

2. Initial Recognition

   • Settlement date Accounting
     • Recognized when a party performs = delivery

3. Subsequent Measurement

   • Assets
     • FV through P/L
       • Gains/Losses
         • P/L directly
     • Amortised costs
       • Gains/Losses
         • P/L
           • On Derecognition
           • Impaired
           • Through Amortisation process
     • FV through OCI
       • Carried at FV
         • Gains/Losses
           • OCI in SPLOCI
             • Cumulative gain/loss
               • Reclassified to P/L
                 • Derecognition
           • Interest/Impairment loss/exchange
             • P/L directly expensed
       • Equity instrument
         • Gains/Losses
           • OCI
         • Cumulative is not recycled
           • Transfer upon derecognition
   • Liabilities
     • Amortised cost
       • Gains/Losses
         • P/L on derecognition
     • FV trough P/L
       • Gains/Losses
         • P/L