IFRS 9Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › IFRS 9This topic has 1 reply, 2 voices, and was last updated 4 years ago by Stephen Widberg.Viewing 2 posts - 1 through 2 (of 2 total) AuthorPosts April 21, 2020 at 10:14 am #568867 toushigaParticipantTopics: 424Replies: 172☆☆☆☆Sir, I have some queries related to the IFRS 9 Financial Instrument1. What is the executory contract in the IFRS 9?2. What is the different between executory contract and financial instrument in IFRS 9?Thank you. April 21, 2020 at 5:00 pm #568910 Stephen WidbergKeymasterTopics: 15Replies: 3216☆☆☆☆☆Good questionFuture to buy oil, settled in cash = financial instrument IFRS 9Future to buy oil, settled in oil = executory contract (promise to buy oil in future) = not financial instrument = outside scope of IFRS 9AuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In