{"id":451,"date":"2017-04-26T09:22:40","date_gmt":"2017-04-26T01:22:40","guid":{"rendered":"http:\/\/ehluar.com\/main\/?p=451"},"modified":"2018-03-07T09:28:13","modified_gmt":"2018-03-07T01:28:13","slug":"iasb-proposes-minor-amendments-to-ifrs9-to-aid-implementation","status":"publish","type":"post","link":"http:\/\/ehluar.com\/main\/2017\/04\/26\/iasb-proposes-minor-amendments-to-ifrs9-to-aid-implementation\/","title":{"rendered":"IASB Proposes Minor Amendments to IFRS9 to Aid Implementation"},"content":{"rendered":"<p>The International Accounting Standard Board (IASB) has proposed minor amendments to be made to IFRS 9 Financial Instruments to enable companies to measure at amortised cost certain prepayable financial assets with so-called negative compensation.<\/p>\n<p>The proposed amendments are intended to improve the usefulness of information about these financial assets that the new Standard requires.<\/p>\n<p>Commenting on the proposals, Hans Hoogervorst, Chairman of the International Accounting Standards Board, said:<\/p>\n<blockquote><p>These proposed minor amendments to the Standard respond to comments received about the accounting for prepayment options under IFRS 9 and are consistent with the Board\u2019s enhanced focus on supporting implementation of major new Standards.<\/p><\/blockquote>\n<p>The Exposure Draft, Prepayment Features with Negative Compensation (Proposed amendments to IFRS 9), can be viewed from the IFRS website.<\/p>\n<p>Any comments need to be submitted by 24 May 2017.<\/p>\n<p>Source: IFRS, 21 April 2017<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The International Accounting Standard Board (IASB) has proposed minor amendments to be made to IFRS 9 Financial Instruments to enable companies to measure at amortised cost certain prepayable financial assets with so-called negative compensation. The proposed amendments are intended to improve the usefulness of information about these financial assets that the new Standard requires. Commenting [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7,6],"tags":[],"class_list":["post-451","post","type-post","status-publish","format-standard","hentry","category-accounting","category-techupdates"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/posts\/451","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/comments?post=451"}],"version-history":[{"count":1,"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/posts\/451\/revisions"}],"predecessor-version":[{"id":452,"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/posts\/451\/revisions\/452"}],"wp:attachment":[{"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/media?parent=451"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/categories?post=451"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/tags?post=451"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}