Deloitte IFRS Podcast on offsetting of financial assets and financial liabilities
16 Dec 2011
A new Deloitte IFRS Podcast has been issued discussing the IASB amendments to IAS 32 'Financial Instruments: Presentation' that provide clarifications on the application of the offsetting rules, and the amendments to the disclosure requirements in IFRS 7 'Financial Instruments: Disclosure' requiring information about all recognised financial instruments that are set off.
In the podcast, Randall Sogoloff, Leader for Communications in the Deloitte IFRS Global Office, and Andrew Spooner, leader of Deloitte's global IFRS financial instruments team, discuss the effects of those amendments relating to offsetting of financial assets and financial liabilities.
The podcast is available for download here (26 mins 11.5 mbs) or via iTunes; it is one of a series that will be posted to IAS Plus.
