1 INTRODUCTION2 COMPARISON BETWEEN SECTIONS 11, 12, 22 AND IFRS3 SCOPE OF SECTIONS 11, 12 AND 224 RECOGNITION AND MEASUREMENT: ACCOUNTING POLICY CHOICE5 FINANCIAL LIABILITIES AND EQUITY6 CLASSIFICATION7 INITIAL RECOGNITION AND MEASUREMENT8 SUBSEQUENT MEASUREMENT9 DERECOGNITION10 HEDGE ACCOUNTING11 PRESENTATION AND DISCLOSURES12 SUMMARY OF GAAP DIFFERENCES