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financial instrument IFRS 7

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AAA Exams › financial instrument IFRS 7

  • This topic has 1 reply, 2 voices, and was last updated 10 years ago by MikeLittle.
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  • August 9, 2015 at 6:19 pm #266430
    ASHOK
    Member
    • Topics: 64
    • Replies: 103
    • ☆☆

    IFRS 7 Financial Instrument: disclosure
    This standard requires qualitative and quantitative disclosure about exposure to risks arising from financial instrument and specifies minimum disclosure about credit risks,liquidity risk and market risks

    The two types of disclosure need to be made : about the significance of financial instruments and nature and extent of risks arising from financial instruments

    Sir I would like to know audit evidience for disclosure in relation to IFRS 7

    August 9, 2015 at 6:32 pm #266434
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23352
    • ☆☆☆☆☆

    Please don’t make me repeat an answer just posted to your question about gathering evidence for revenue recognition!

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