TECHNICAL: ACCOUNTING
ASSESSMENT OF EMBEDDED DERIVATIVES ON RECLASSIFIED FINANCIAL ASSETS The Accounting Practices Board (APB) approved Embedded Derivatives – Amendments to IFRIC 9(AC 442) – Reassessment of Embedded Derivatives and IAS 39(AC 133) – Financial Instruments: Recognition and Measurement, as amendments to Statements of Generally Accepted Accounting Practice (GAAP) on 23 April 2009. These amendments clarify the…
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