IFRS Guidance

Download the IAS39 white paper (Opens in new window)

Download a Corporate FX case study of reporting under IFRS standards

International Accounting Standard number 39 (“IAS 39”) is the financial reporting standard governing the classification and measurement of financial instruments, including derivatives, in published results of listed companies – both in the UK and the rest of Europe. It represents a fundamental shift in complexity, introducing significant risks of volatility in listed companies’ reported profits.

Our IFRS specialists can provide you with tailor made solutions to address concerns over profit volatility created by IAS 39 and other IFRS standards such as:

IAS 32 (classification of capital instruments),
IAS 21 (foreign currencies),
IAS 17 (leasing).
IFRS 9 (first part of IAS 39 replacement project covering classification and measurement of financial instruments)

For further guidance and modelling information on the standards and achieving hedge accounting for derivatives, please contact Johann Kruger or Stan Varkalov on +44 (0) 20 7158 1955.*

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