Contractual Cash Flow Characteristics of Financial Assets - International Accounting Standards Board
Date recorded:
At its meeting on July 18-21, 2022, the IASB met to discuss how to clarify the requirements in IFRS 9 for assessing a financial asset’s contractual cash flow characteristics. The IASB (i) discussed the concept of a basic lending arrangement, including contractual terms that could change the timing or amount of contractual cash flows; and (ii) discussed the characteristics of financial assets with non-recourse features and contractually linked instruments. The IASB was not asked to make any decisions. The IASB will continue to discuss potential clarifications to the requirements.
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