Special edition of IAS Plus on IFRS 7
08 Oct 2005
Deloitte's Global IFRS Leadership Team has prepared a special edition of our IAS Plus Newsletter providing an overview of IFRS 7 Financial Instruments: Disclosures.
IFRS 7:
- adds new disclosures about financial instruments to those currently required by IAS 32 Financial Instruments: Disclosure and Presentation;
- replaces the disclosure requirements currently imposed on financial institutions by IAS 30 Disclosures in the Financial Statements of Banks and Similar Financial Institutions; and
- puts all of those financial instruments disclosures together in a new combined Standard.