Global Standards for the world economy

Wednesday 19 December 2018

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Financial instruments: Recognition and Measurement: Derecognition of modified financial assets


 Issue rejected (Agenda decision)

IFRS 9 Financial Instruments and IAS 39 Financial instruments: Recognition and Measurement: Derecognition of modified financial assets

In November 2015, the IFRS Interpretations Committee discussed whether it should progress it’s consideration of a potential project to clarify the requirements in IFRS 9 Financial Instruments and IAS 39 Financial Instruments: Recognition and Measurement regarding when a modification or exchange of a financial asset results in the original asset being derecognised.

Project stages

Completion date: May 2016