Written by: Barbora Choi on Tue Jan 20
IAS 32 Financial Instruments: Presentation
IAS 32 establishes principles for presenting financial instruments as equity or liabilities and for offsetting financial assets and financial liabilities, and is written from the perspective of the issuer. IAS 32 complements IFRS 9 Fin. Instruments and IFRS 7 Fin. Instruments: Disclosures.
“Stock market investing: First you get bitten by what you don't know, then you are eaten alive by what you do know.”
IAS 32 Financial Instruments: Presentation complements two standards on financial instruments IFRS 7 Financial Instruments: Disclosure and IFRS 9 Financial Instruments.
You can get an idea on what it is about, including real-world examples of Bank of Japan, Lufthansa and Wirecard.
headline quote by Garry Fitchett via Goodreads.
