Written by: Barbora Choi on Thu Apr 23
IAS 39 Financial Instruments: Recognition and Measurement
IAS 39 is a disclosure-free accounting standard, designed for hedging relationships.
"Many financial disasters can be traced to people who thought they were hedging."
Hedging is the main topic of IAS 39 Financial Instruments: Recognition and Measurement, a disclosure-free standard, partially substituted by IFRS 9 Financial Instruments.
Current open project at the IASB, the Exposure Draft "Risk Mitigation Accounting" proposes replacement of IAS 39 with the model to be developed under this project.
A well-structured summary on main topics of the Risk Mitigation Accounting can be found here:
https://lnkd.in/e4GfJMCc
📍 the ED is open fo comment until 31 July 2026
IAS 39 in 15 seconds in the attached carousel ⏩
headline quote by Aaron C. Brown
