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.

Review the IASB Update and podcast on the Board's Web site.

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