Accounting for Investments, Volume 2: Fixed Income Securities and Interest Rate Derivatives—A Practitioner's Guide

SUMMARY

IFRS requires certain disclosures to be presented by category of instrument based on the IAS 39 measurement categories. Certain other disclosures are required by class of financial instrument. For those disclosures an entity must group its financial instruments into classes of similar instruments as appropriate to the nature of the information presented.

Balance sheet

Disclose the significance of financial instruments for an entity’s financial position and performance. This includes disclosures for each of the following categories:

• Financial assets measured at fair value through profit and loss, showing separately those held for trading and those designated at initial recognition;
• Held-to-maturity investments;
• Loans and receivables;
• Available-for-sale assets;
• Financial liabilities at fair value through profit and loss, showing separately those held for trading and those designated at initial recognition;
• Financial liabilities measured at amortized cost.

Other balance sheet-related disclosures

• Special disclosures about financial assets and financial liabilities designated to be measured at fair value through profit and loss, including disclosures about credit risk and market risk, changes in fair values attributable to these risks and the methods of measurement;
• Reclassifications of financial instruments from one category to another (e.g., from fair value to amortized cost or vice versa);
• Disclosures about derecognitions, including transfers of financial assets for which ...