Objections mount to changes in IFRS 9

12/11/2012 | Australian Financial Review

Australian businesses are objecting to last-minute changes to general hedge accounting requirements of International Financial Reporting Standards 9. These changes, which were buried in a review document by the International Accounting Standards Board, would mean risk premiums charged on hedging instruments would have to be booked in income statements, according to the Group of 100, an association of senior finance executives.

View Full Article in:

Australian Financial Review