Accounting Assignmernt
6 Pages. No Plagiarism
ACCT 303
Homework Assignment
IFSR 9: Financial Instruments
This assignment must cover the following 6 points about
IFSR 9: Financial Instruments
1. Introduction about IFRS 9 and changes brought by IFRS 9 over IAS 39.
2. Financial assets classification according to IFSR 9 (business model
criteria, initial recognition and subsequent measurement)
3. Financial liabilities classification according to IFSR 9 (business
model criteria, initial recognition and subsequent measurement)
4. Hedge accounting according to IFRS 9 (hedge criteria and types)
5. Impairment of financial assets according to IFRS 9
6. Expected credit loss according to IFRS 9
Suggested links to use, but you may search
and use other sources
• https://www.iasplus.com/en/standards/ifrs/ifrs9
• https://www.bdo.co.uk/en-gb/insights/audit-and-
assurance/corporate-reporting/ifrs-9-explained-the-classification
• https://www.pwc.com/gx/en/audit-services/ifrs/publications/ifrs-
9/ifrs-9-understanding-the-basics
• https://www.accaglobal.com/lk/en/student/exam-support-
resources/professional-exams-study-resources/strategic-business-
reporting/technical-articles/ifrs-9.html
• https://www.ifrs.org/issued-standards/list-of-standards/ifrs-9-
financial-instruments/
https://www.iasplus.com/en/standards/ifrs/ifrs9
https://www.bdo.co.uk/en-gb/insights/audit-and-assurance/corporate-reporting/ifrs-9-explained-the-classification
https://www.pwc.com/gx/en/audit-services/ifrs/publications/ifrs-9/ifrs-9-understanding-the-basics
https://www.accaglobal.com/lk/en/student/exam-support-resources/professional-exams-study-resources/strategic-business-reporting/technical-articles/ifrs-9.html
https://www.ifrs.org/issued-standards/list-of-standards/ifrs-9-financial-instruments/
Instructions
• Smart briefing for all requirements is required, not more than 6 pages
• It must be submitted in a word file format.
• All assignments will be examined by Turnitin for a plagiarism check.
Advice: read the resources well and summarize in your own way but
please do not copy and paste.
• One practical example is required for one of the six points
• Grades will be given based on the organization, content and clarity.
Advice: use of charts/diagrams to explain
classification/measurement.
• It should be submitted by Thursday, December 31st 2020.