IAS 39 applies a 'rights and obligations approach' to the recognition of financial instruments. Discuss.

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Applying International Financial Reporting Standards

ISBN: 978-0730302124

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Authors: Keith Alfredson, Ken Leo, Ruth Picker, Paul Pacter, Jennie Radford Victoria Wise

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Question Posted: Apr 30, 2016 12:59 PM

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IAS 39 applies a 'rights and obligations approach' to the recognition of financial instruments. Discuss.

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IAS 39 applies to contracts equally proportionately unperformed where both parties to the contract have equal unperformed rights and obligations unles...View the full answer

Applying International Financial Reporting Standards

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