Objective

1

Scope
 

2-7

Definitions
 

8-9

Embedded Derivatives
 

10-13

Recognition and Derecognition
 

14-42

Initial Recognition
 

14

Derecognition of a Financial Asset
 

15-23

Transfers that Qualify for Derecognition

24-28

Transfers that Do Not Qualify for Derecognition

29

Continuing Involvement in Transferred Assets

30-35

All Transfers

36-37

Regular Way Purchase or Sale of a Financial Asset
 

35

Derecognition of a Financial Liability
 

39-42

Measurement
 

43-70

Initial Measurement of Financial Assets and Financial Liabilities
 

43-44

Subsequent Measurement of Financial Assets
 

45-46

Subsequent Measurement of Financial Liabilities
 

47

Fair Value Measurement Considerations
 

48-49

Reclassifications
 

50-54

Gains and Losses
 

55-57

Impairment and Uncollectibility of Financial Assets
 

58-62

Financial Assets Carried at Armortised Cost

63-65

Financial Assets Carried at Cost

66

Available - for - Sale Financial Assets

67-70

Hedging
 

71-102

Hedging Instruments
 

72-77

Qualifying Instruments

72-73

Designation of Hedging Instruments

74-77

Hedged Items
 

78-84

Qualifying Items

78-80

Designation of Financial Items as Hedged Items

81

Designation of Non-Financial Items as Hedged Items

82

Designation of Groups of Items as Hedged Items

83-84

Hedge Accounting
 

85-101

Fair Value Hedges

89-94

Cash Flow Hedges

95-101

Hedge of a Net Investment

102

Effective Date and Transitional Provisions
 

103-108

Withdrawal of other Pronouncements
 

109-110

Appendix A (Application Guidance)