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IFRS 9,& 7and IAS 39 and IAS 32

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › IFRS 9,& 7and IAS 39 and IAS 32

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  • January 23, 2017 at 9:15 pm #369118
    wahand
    Participant
    • Topics: 1
    • Replies: 3
    • ☆

    please tell me, where we will still apply the IAS 39 and 32 and where we will apply the IFRS 7 and 9.
    I am confuse that some time we are still using the IAS 39 and 32 and some where IFRS 7 and 9.
    Thanks

    January 26, 2017 at 9:24 pm #369865
    P2-D2
    Keymaster
    • Topics: 4
    • Replies: 7171
    • ☆☆☆☆☆

    It is confusing but IAS 39 no longer exists and has been replaced by IFRS 9. Don’t get too caught up in the standard numbers though, just focus on the rules for financial instruments.

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