IAS 30 Disclosures in the Financial Statements of Banks and Similar Financial Institutions (reformat
IAS34

目标Objective本准则的目标是规定中期财务报告最基本内容,并规定中期完整或简明的财务报表中应采用的确认和计量原则。
及时和可靠的中期财务报告可以帮助投资者、债权人和其他人士了解企业获利和产生现金流量的能力及其财务状况和流动性。
The objective of this Standard is to prescribe the minimum content of an interim financial report and to prescribe the principles for recognition and measurement in complete or condensed financial statements for an interim period. Timely and reliable interim financial reporting improves the ability of investors, creditors, and others to understand an entity's capacity to generate earnings and cash flows and its financial condition and liquidity.范围Scope本准则不强制规定哪些企业应公布中期报告,间隔多长,或一个中期期末后多长时间公布中期报告。
但是,政府、证券监管机构、证券交易所和会计团体通常要求其债券或权益证券公开交易的企业公布中期报告。
如果企业被要求或自行选择依据国际会计准则公布中期报告,应采用本准则。
国际会计准则委员会鼓励那些公开交易的企业提供符合本准则规定的确认、计量和披露原则的财务报告。
特别地,鼓励公开交易的企业:1 This Standard does not mandate which entities should be required to publish interim financial reports, how frequently, or how soon after the end of an interim period. However, governments, securities regulators, stock exchanges, and accountancy bodies often require entities whose debt or equity securities arepublicly traded to publish interim financial reports. This Standard applies if anentity is required or elects to publish an interim financial report in accordancewith International Financial Reporting Standards (IFRSs). The International Accounting Standards Committee* encourages publicly traded entities to provide interim financial reports that conform to the recognition, measurement, and disclosure principles set out in this Standard. Specifically, publicly tradedentities are encouraged:至少提供截至其财务年度前半年末的中期财务报告;(a) to provide interim financial reports at least as of the end of the first half oftheir financial year; and在中期期末以后60天内提供其中期报告。
IFRS7-Financial Instruments:Disclosures金融工具披露(Issued up to 31 December 2008)

IFRS 7 International Financial Reporting Standard 7Financial Instruments: DisclosuresThis version includes amendments resulting from IFRSs issued up to 31 December 2008.IAS 30 Disclosures in the Financial Statements of Banks and Similar Financial Institutions was issued by the International Accounting Standards Committee in August 1990.In April 2001 the International Accounting Standards Board (IASB) resolved that all Standards and Interpretations issued under previous Constitutions continued to be applicable unless and until they were amended or withdrawn.In August 2005 the IASB issued IFRS 7 Financial Instruments: Disclosures, which replaced IAS 30. IFRS 7 and its accompanying documents have been amended by the following IFRSs:•Financial Guarantee Contracts (Amendments to IAS 39 and IFRS 4) (issued August 2005)•IAS1Presentation of Financial Statements (as revised in September 2007)*•IFRS3Business Combinations (as revised in January 2008)†•Puttable Financial Instruments and Obligations Arising on Liquidation(Amendments to IAS 32 and IAS 1) (issued February 2008)*•Improvements to IFRSs (issued May 2008)*•Reclassification of Financial Assets(Amendments to IAS 39 and IFRS 7) (issued October 2008)§•Reclassification of Financial Assets—Effective Date and Transition(Amendments to IAS 39 and IFRS 7) (issued November 2008).§The following Interpretations refer to IFRS 7:•IFRIC12Service Concession Arrangements(issued November 2006 and subsequently amended)•IFRIC17Distributions of Non-cash Assets to Owners (issued November 2008).†*effective date 1 January 2009†effective date 1 July 2009§effective date 1 July 2008© IASCF755IFRS 7756© IASCF C ONTENTSparagraphsINTRODUCTIONIN1–IN8INTERNATIONAL FINANCIAL REPORTING STANDARD 7FINANCIAL INSTRUMENTS: DISCLOSURESOBJECTIVE1–2SCOPE3–5CLASSES OF FINANCIAL INSTRUMENTS AND LEVEL OF DISCLOSURE6SIGNIFICANCE OF FINANCIAL INSTRUMENTS FOR FINANCIAL POSITION AND PERFORMANCE7–30Statement of financial position8–19Categories of financial assets and financial liabilities8Financial assets or financial liabilities at fair value through profit or loss9–11Reclassification12–12A Derecognition13Collateral14–15Allowance account for credit losses16Compound financial instruments with multiple embedded derivatives17Defaults and breaches18–19Statement of comprehensive income20Items of income, expense, gains or losses20Other disclosures21–26Accounting policies21Hedge accounting22–24Fair value25–30NATURE AND EXTENT OF RISKS ARISING FROM FINANCIAL INSTRUMENTS31–42Qualitative disclosures33Quantitative disclosures34–42Credit risk36–38Financial assets that are either past due or impaired37Collateral and other credit enhancements obtained38Liquidity risk39Market risk40–42Sensitivity analysis40Other market risk disclosures42EFFECTIVE DATE AND TRANSITION43–44F WITHDRAWAL OF IAS 3045IFRS 7APPENDICESA Defined termsB Application guidanceC Amendments to other IFRSsD Amendments to IFRS 7 if the Amendments to IAS 39 Financial Instruments: Recognitionand Measurement—The Fair Value Option have not been appliedAPPROVAL BY THE BOARD OF IFRS 7 ISSUED IN AUGUST 2005APPROVAL BY THE BOARD OF AMENDMENTS TO IFRS 7:Reclassification of Financial Assets(Amendments to IAS 39 and IFRS 7) issued in October 2008Reclassification of Financial Assets—Effective Date and Transition(Amendments to IAS 39 and IFRS 7) issued in November 2008BASIS FOR CONCLUSIONSAPPENDIXAmendments to Basis for Conclusions on other IFRSsIMPLEMENTATION GUIDANCEAPPENDIXAmendments to guidance on other IFRSs© IASCF757IFRS 7International Financial Reporting Standard 7 Financial Instruments: Disclosures (IFRS 7) is set out in paragraphs 1–45 and Appendices A–D. All the paragraphs have equal authority. Paragraphs in bold type state the main principles. Terms defined in Appendix A are in italics the first time they appear in the Standard. Definitions of other terms are given in the Glossary for International Financial Reporting Standards. IFRS 7 should be read in the context of its objective and the Basis for Conclusions, the Preface to International Financial Reporting Standards and the Framework for the Preparation and Presentation of Financial Statements. IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors provides a basis for selecting and applying accounting policies in the absence of explicit guidance.758© IASCFIFRS 7 IntroductionReasons for issuing the IFRSIN1In recent years, the techniques used by entities for measuring and managing exposure to risks arising from financial instruments have evolved and new risk management concepts and approaches have gained acceptance. In addition, many public and private sector initiatives have proposed improvements to the disclosure framework for risks arising from financial instruments.IN2The International Accounting Standards Board believes that users of financial statements need information about an entity’s exposure to risks and how those risks are managed. Such information can influence a user’s assessment of the financial position and financial performance of an entity or of the amount, timing and uncertainty of its future cash flows. Greater transparency regarding those risks allows users to make more informed judgements about risk and return.IN3Consequently, the Board concluded that there was a need to revise and enhance the disclosures in IAS 30 Disclosures in the Financial Statements of Banks and Similar Financial Institutions and IAS 32 Financial Instruments: Disclosure and Presentation.As part of this revision, the Board removed duplicative disclosures and simplified the disclosures about concentrations of risk, credit risk, liquidity risk and market risk in IAS32.Main features of the IFRSIN4IFRS 7 applies to all risks arising from all financial instruments, except those instruments listed in paragraph 3. The IFRS applies to all entities, including entities that have few financial instruments (eg a manufacturer whose only financial instruments are accounts receivable and accounts payable) and those that have many financial instruments (eg a financial institution most of whose assets and liabilities are financial instruments). However, the extent of disclosure required depends on the extent of the entity’s use of financial instruments and of its exposure to risk.IN5The IFRS requires disclosure of:(a)the significance of financial instruments for an entity’s financial positionand performance. These disclosures incorporate many of the requirementspreviously in IAS32.(b)qualitative and quantitative information about exposure to risks arisingfrom financial instruments, including specified minimum disclosuresabout credit risk, liquidity risk and market risk. The qualitative disclosuresdescribe management’s objectives, policies and processes for managingthose risks. The quantitative disclosures provide information about theextent to which the entity is exposed to risk, based on informationprovided internally to the entity’s key management personnel. Together,© IASCF759IFRS 7these disclosures provide an overview of the entity’s use of financialinstruments and the exposures to risks they create.IN6The IFRS includes in Appendix B mandatory application guidance that explains how to apply the requirements in the IFRS. The IFRS is accompanied by non-mandatory Implementation Guidance that describes how an entity might provide the disclosures required by the IFRS.IN7The IFRS supersedes IAS 30 and the disclosure requirements of IAS 32.The presentation requirements of IAS 32 remain unchanged.IN8The IFRS is effective for annual periods beginning on or after 1 January 2007.Earlier application is encouraged.760© IASCFIFRS 7 International Financial Reporting Standard 7Financial Instruments: DisclosuresObjective1The objective of this IFRS is to require entities to provide disclosures in their financial statements that enable users to evaluate:(a)the significance of financial instruments for the entity’s financial positionand performance; and(b)the nature and extent of risks arising from financial instruments to whichthe entity is exposed during the period and at the end of the reportingperiod, and how the entity manages those risks.2The principles in this IFRS complement the principles for recognising, measuring and presenting financial assets and financial liabilities in IAS 32 Financial Instruments: Presentation and IAS 39 Financial Instruments: Recognition and Measurement. Scope3This IFRS shall be applied by all entities to all types of financial instruments, except:(a)those interests in subsidiaries, associates or joint ventures that areaccounted for in accordance with IAS 27 Consolidated and Separate FinancialStatements, IAS 28 Investments in Associates or IAS 31 Interests in Joint Ventures.However, in some cases, IAS 27, IAS 28 or IAS 31 permits an entity toaccount for an interest in a subsidiary, associate or joint venture usingIAS39; in those cases, entities shall apply the requirements of this IFRS.Entities shall also apply this IFRS to all derivatives linked to interests insubsidiaries, associates or joint ventures unless the derivative meets thedefinition of an equity instrument in IAS 32.(b)employers’ rights and obligations arising from employee benefit plans, towhich IAS 19 Employee Benefits applies.(c)[deleted](d)insurance contracts as defined in IFRS 4 Insurance Contracts. However, thisIFRS applies to derivatives that are embedded in insurance contracts ifIAS39 requires the entity to account for them separately. Moreover, anissuer shall apply this IFRS to financial guarantee contracts if the issuer appliesIAS39 in recognising and measuring the contracts, but shall apply IFRS 4 ifthe issuer elects, in accordance with paragraph 4(d) of IFRS 4, to applyIFRS4 in recognising and measuring them.(e)financial instruments, contracts and obligations under share-basedpayment transactions to which IFRS 2 Share-based Payment applies, except thatthis IFRS applies to contracts within the scope of paragraphs 5–7 of IAS39.(f)instruments that are required to be classified as equity instruments inaccordance with paragraphs 16A and 16B or paragraphs 16C and 16D of IAS 32.© IASCF761IFRS 74This IFRS applies to recognised and unrecognised financial instruments.Recognised financial instruments include financial assets and financial liabilities that are within the scope of IAS 39. Unrecognised financial instruments include some financial instruments that, although outside the scope of IAS 39, are within the scope of this IFRS (such as some loan commitments).5This IFRS applies to contracts to buy or sell a non-financial item that are within the scope of IAS 39 (see paragraphs 5–7 of IAS 39).Classes of financial instruments and level of disclosure6When this IFRS requires disclosures by class of financial instrument, an entity shall group financial instruments into classes that are appropriate to the nature of the information disclosed and that take into account the characteristics of those financial instruments. An entity shall provide sufficient information to permit reconciliation to the line items presented in the statement of financial position.Significance of financial instruments for financial position and performance7An entity shall disclose information that enables users of its financial statements to evaluate the significance of financial instruments for its financial position and performance.Statement of financial positionCategories of financial assets and financial liabilities8The carrying amounts of each of the following categories, as defined in IAS 39, shall be disclosed either in the statement of financial position or in the notes:(a)financial assets at fair value through profit or loss, showing separately(i)those designated as such upon initial recognition and (ii) those classifiedas held for trading in accordance with IAS 39;(b)held-to-maturity investments;(c)loans and receivables;(d)available-for-sale financial assets;(e)financial liabilities at fair value through profit or loss, showing separately(i) those designated as such upon initial recognition and (ii) those classifiedas held for trading in accordance with IAS39; and(f)financial liabilities measured at amortised cost.762© IASCFIFRS 7 Financial assets or financial liabilities at fair value throughprofit or loss9If the entity has designated a loan or receivable (or group of loans or receivables) as at fair value through profit or loss, it shall disclose:(a)the maximum exposure to credit risk (see paragraph 36(a)) of the loan orreceivable (or group of loans or receivables) at the end of the reportingperiod.(b)the amount by which any related credit derivatives or similar instrumentsmitigate that maximum exposure to credit risk.(c)the amount of change, during the period and cumulatively, in the fairvalue of the loan or receivable (or group of loans or receivables) that isattributable to changes in the credit risk of the financial asset determinedeither:(i)as the amount of change in its fair value that is not attributable tochanges in market conditions that give rise to market risk ; or(ii)using an alternative method the entity believes more faithfully represents the amount of change in its fair value that is attributableto changes in the credit risk of the asset.Changes in market conditions that give rise to market risk include changesin an observed (benchmark) interest rate, commodity price, foreignexchange rate or index of prices or rates.(d)the amount of the change in the fair value of any related credit derivativesor similar instruments that has occurred during the period andcumulatively since the loan or receivable was designated.10If the entity has designated a financial liability as at fair value through profit or loss in accordance with paragraph 9 of IAS39, it shall disclose:(a)the amount of change, during the period and cumulatively, in the fairvalue of the financial liability that is attributable to changes in the creditrisk of that liability determined either:(i)as the amount of change in its fair value that is not attributable tochanges in market conditions that give rise to market risk(see Appendix B, paragraph B4); or(ii)using an alternative method the entity believes more faithfully represents the amount of change in its fair value that is attributableto changes in the credit risk of the liability.Changes in market conditions that give rise to market risk include changesin a benchmark interest rate, the price of another entity’s financialinstrument, a commodity price, a foreign exchange rate or an index ofprices or rates. For contracts that include a unit-linking feature, changes inmarket conditions include changes in the performance of the relatedinternal or external investment fund.© IASCF763IFRS 7(b)the difference between the financial liability’s carrying amount and theamount the entity would be contractually required to pay at maturity tothe holder of the obligation.11The entity shall disclose:(a)the methods used to comply with the requirements in paragraphs 9(c)and10(a).(b)if the entity believes that the disclosure it has given to comply with therequirements in paragraph 9(c) or 10(a) does not faithfully represent thechange in the fair value of the financial asset or financial liabilityattributable to changes in its credit risk, the reasons for reaching thisconclusion and the factors it believes are relevant.Reclassification12If the entity has reclassified a financial asset (in accordance with paragraphs 51–54 of IAS 39) as one measured:(a)at cost or amortised cost, rather than at fair value; or(b)at fair value, rather than at cost or amortised cost,it shall disclose the amount reclassified into and out of each category and the reason for that reclassification.12A If the entity has reclassified a financial asset out of the fair value through profit or loss category in accordance with paragraph 50B or 50D of IAS 39 or out of the available-for-sale category in accordance with paragraph 50E of IAS 39, it shall disclose:(a)the amount reclassified into and out of each category;(b)for each reporting period until derecognition, the carrying amounts andfair values of all financial assets that have been reclassified in the currentand previous reporting periods;(c)if a financial asset was reclassified in accordance with paragraph 50B,the rare situation, and the facts and circumstances indicating that thesituation was rare;(d)for the reporting period when the financial asset was reclassified, the fairvalue gain or loss on the financial asset recognised in profit or loss or othercomprehensive income in that reporting period and in the previousreporting period;(e)for each reporting period following the reclassification (including thereporting period in which the financial asset was reclassified) untilderecognition of the financial asset, the fair value gain or loss that wouldhave been recognised in profit or loss or other comprehensive income if thefinancial asset had not been reclassified, and the gain, loss, income andexpense recognised in profit or loss; and(f)the effective interest rate and estimated amounts of cash flows the entityexpects to recover, as at the date of reclassification of the financial asset. 764© IASCFIFRS 7Derecognition13An entity may have transferred financial assets in such a way that part or all of the financial assets do not qualify for derecognition (see paragraphs 15–37 of IAS39). The entity shall disclose for each class of such financial assets:(a)the nature of the assets;(b)the nature of the risks and rewards of ownership to which the entityremains exposed;(c)when the entity continues to recognise all of the assets, the carryingamounts of the assets and of the associated liabilities; and(d)when the entity continues to recognise the assets to the extent of itscontinuing involvement, the total carrying amount of the original assets,the amount of the assets that the entity continues to recognise, and thecarrying amount of the associated liabilities.Collateral14An entity shall disclose:(a)the carrying amount of financial assets it has pledged as collateral forliabilities or contingent liabilities, including amounts that have beenreclassified in accordance with paragraph 37(a) of IAS39; and(b)the terms and conditions relating to its pledge.15When an entity holds collateral (of financial or non-financial assets) and is permitted to sell or repledge the collateral in the absence of default by the owner of the collateral, it shall disclose:(a)the fair value of the collateral held;(b)the fair value of any such collateral sold or repledged, and whether theentity has an obligation to return it; and(c)the terms and conditions associated with its use of the collateral.Allowance account for credit losses16When financial assets are impaired by credit losses and the entity records the impairment in a separate account (eg an allowance account used to record individual impairments or a similar account used to record a collective impairment of assets) rather than directly reducing the carrying amount of the asset, it shall disclose a reconciliation of changes in that account during the period for each class of financial assets.Compound financial instruments with multiple embedded derivatives 17If an entity has issued an instrument that contains both a liability and an equity component (see paragraph 28 of IAS32) and the instrument has multiple embedded derivatives whose values are interdependent (such as a callable convertible debt instrument), it shall disclose the existence of those features.© IASCF765IFRS 7Defaults and breaches18For loans payable recognised at the end of the reporting period, an entity shall disclose:(a)details of any defaults during the period of principal, interest, sinkingfund, or redemption terms of those loans payable;(b)the carrying amount of the loans payable in default at the end of thereporting period; and(c)whether the default was remedied, or the terms of the loans payable wererenegotiated, before the financial statements were authorised for issue. 19If, during the period, there were breaches of loan agreement terms other than those described in paragraph 18, an entity shall disclose the same information as required by paragraph 18 if those breaches permitted the lender to demand accelerated repayment (unless the breaches were remedied, or the terms of the loan were renegotiated, on or before the end of the reporting period).Statement of comprehensive incomeItems of income, expense, gains or losses20An entity shall disclose the following items of income, expense, gains or losses either in the statement of comprehensive income or in the notes:(a)net gains or net losses on:(i)financial assets or financial liabilities at fair value through profit orloss, showing separately those on financial assets or financialliabilities designated as such upon initial recognition, and those onfinancial assets or financial liabilities that are classified as held fortrading in accordance with IAS39;(ii)available-for-sale financial assets, showing separately the amount of gain or loss recognised in other comprehensive income during theperiod and the amount reclassified from equity to profit or loss forthe period;(iii)held-to-maturity investments;(iv)loans and receivables; and(v)financial liabilities measured at amortised cost;(b)total interest income and total interest expense (calculated using theeffective interest method) for financial assets or financial liabilities thatare not at fair value through profit or loss;(c)fee income and expense (other than amounts included in determining theeffective interest rate) arising from:(i)financial assets or financial liabilities that are not at fair valuethrough profit or loss; and766© IASCFIFRS 7 (ii)trust and other fiduciary activities that result in the holding or investing of assets on behalf of individuals, trusts, retirement benefitplans, and other institutions;(d)interest income on impaired financial assets accrued in accordance withparagraph AG93 of IAS39; and(e)the amount of any impairment loss for each class of financial asset.Other disclosuresAccounting policies21In accordance with paragraph 117 of IAS 1 Presentation of Financial Statements (as revised in 2007), an entity discloses, in the summary of significant accounting policies, the measurement basis (or bases) used in preparing the financial statements and the other accounting policies used that are relevant to an understanding of the financial statements.Hedge accounting22An entity shall disclose the following separately for each type of hedge described in IAS 39 (ie fair value hedges, cash flow hedges, and hedges of net investments in foreign operations):(a) a description of each type of hedge;(b) a description of the financial instruments designated as hedginginstruments and their fair values at the end of the reporting period; and(c)the nature of the risks being hedged.23For cash flow hedges, an entity shall disclose:(a)the periods when the cash flows are expected to occur and when they areexpected to affect profit or loss;(b) a description of any forecast transaction for which hedge accounting hadpreviously been used, but which is no longer expected to occur;(c)the amount that was recognised in other comprehensive income duringthe period;(d)the amount that was reclassified from equity to profit or loss for theperiod, showing the amount included in each line item in the statement ofcomprehensive income; and(e)the amount that was removed from equity during the period and includedin the initial cost or other carrying amount of a non-financial asset ornon-financial liability whose acquisition or incurrence was a hedged highlyprobable forecast transaction.© IASCF767IFRS 724An entity shall disclose separately:(a)in fair value hedges, gains or losses:(i)on the hedging instrument; and(ii)on the hedged item attributable to the hedged risk.(b)the ineffectiveness recognised in profit or loss that arises from cash flowhedges; and(c)the ineffectiveness recognised in profit or loss that arises from hedges ofnet investments in foreign operations.Fair value25Except as set out in paragraph 29, for each class of financial assets and financial liabilities (see paragraph 6), an entity shall disclose the fair value of that class of assets and liabilities in a way that permits it to be compared with its carrying amount.26In disclosing fair values, an entity shall group financial assets and financial liabilities into classes, but shall offset them only to the extent that their carrying amounts are offset in the statement of financial position.27An entity shall disclose:(a)the methods and, when a valuation technique is used, the assumptionsapplied in determining fair values of each class of financial assets orfinancial liabilities. For example, if applicable, an entity disclosesinformation about the assumptions relating to prepayment rates, rates ofestimated credit losses, and interest rates or discount rates.(b)whether fair values are determined, in whole or in part, directly byreference to published price quotations in an active market or are estimatedusing a valuation technique (see paragraphs AG71–AG79 of IAS39).(c)whether the fair values recognised or disclosed in the financial statementsare determined in whole or in part using a valuation technique based onassumptions that are not supported by prices from observable currentmarket transactions in the same instrument (ie without modification orrepackaging) and not based on available observable market data. For fairvalues that are recognised in the financial statements, if changing one ormore of those assumptions to reasonably possible alternative assumptionswould change fair value significantly, the entity shall state this fact anddisclose the effect of those changes. For this purpose, significance shall bejudged with respect to profit or loss, and total assets or total liabilities, or,when changes in fair value are recognised in other comprehensive income,total equity.(d)if (c) applies, the total amount of the change in fair value estimated usingsuch a valuation technique that was recognised in profit or loss during theperiod.768© IASCFIFRS 7 28If the market for a financial instrument is not active, an entity establishes its fair value using a valuation technique (see paragraphs AG74–AG79 of IAS 39).Nevertheless, the best evidence of fair value at initial recognition is the transaction price (ie the fair value of the consideration given or received), unless conditions described in paragraph AG76 of IAS39 are met. It follows that there could be a difference between the fair value at initial recognition and the amount that would be determined at that date using the valuation technique. If such a difference exists, an entity shall disclose, by class of financial instrument:(a)its accounting policy for recognising that difference in profit or loss toreflect a change in factors (including time) that market participants wouldconsider in setting a price (see paragraph AG76A of IAS39); and(b)the aggregate difference yet to be recognised in profit or loss at thebeginning and end of the period and a reconciliation of changes in thebalance of this difference.29Disclosures of fair value are not required:(a)when the carrying amount is a reasonable approximation of fair value, forexample, for financial instruments such as short-term trade receivablesand payables;(b)for an investment in equity instruments that do not have a quoted marketprice in an active market, or derivatives linked to such equity instruments,that is measured at cost in accordance with IAS 39 because its fair valuecannot be measured reliably; or(c)for a contract containing a discretionary participation feature (as describedin IFRS4) if the fair value of that feature cannot be measured reliably.30In the cases described in paragraph 29(b) and (c), an entity shall disclose information to help users of the financial statements make their own judgements about the extent of possible differences between the carrying amount of those financial assets or financial liabilities and their fair value, including:(a)the fact that fair value information has not been disclosed for theseinstruments because their fair value cannot be measured reliably;(b) a description of the financial instruments, their carrying amount, and anexplanation of why fair value cannot be measured reliably;(c)information about the market for the instruments;(d)information about whether and how the entity intends to dispose of thefinancial instruments; and(e)if financial instruments whose fair value previously could not be reliablymeasured are derecognised, that fact, their carrying amount at the time ofderecognition, and the amount of gain or loss recognised.Nature and extent of risks arising from financial instruments31An entity shall disclose information that enables users of its financial statements to evaluate the nature and extent of risks arising from financial instruments to which the entity is exposed at the end of the reporting period.© IASCF769。
IAS 32 Financial Instruments Disclosure and Presentation

International Accounting StandardsIAS 32 Financial Instruments: Disclosure and Presentation (revised 1998)In March 1995, the IASC Board approved IAS 32, Financial Instruments: Disclosure and Presentation.In December 1998, paragraphs 5, 52, 81, and 83 were amended and paragraph 43A was added to reflect the issuance of IAS 39, Financial Instruments: Recognition and Measurement.In October 2000, paragraphs 91-93 were deleted and paragraph 94 amended to eliminate disclosure requirements that become redundant as a result of IAS 39. The changes to IAS 32 become effective when an enterprise applies IAS 39 for the first time.Three SIC Interpretations relate to IAS 32:z SIC-5, Classification of Financial Instruments - Contingent SettlementProvisions;z SIC-16, Share Capital - Reacquired Own Equity Instruments (Treasury Shares);andz SIC-17, Equity - Costs of an Equity Transaction.The standards, which have been set in bold italic type, should be read in the context of the background material and implementation guidance in this Standard, and in the context of the Preface to International Accounting Standards. International Accounting Standards are not intended to apply to immaterial items (see paragraph 12 of the Preface).ObjectiveThe dynamic nature of international financial markets has resulted in the widespread use of a variety of financial instruments ranging from traditional primary instruments, such as bonds, to various forms of derivative instruments, such as interest rate swaps. The objective of this Standard is to enhance financial statement users' understanding of the significance of on-balance-sheet and off-balance-sheet financial instruments to an enterprise's financial position, performance and cash flows.The Standard prescribes certain requirements for presentation of on-balance-sheet financial instruments and identifies the information that should be disclosed about both on-balance-sheet (recognised) and off-balance-sheet (unrecognised) financialinstruments. The presentation standards deal with the classification of financial instruments between liabilities and equity, the classification of related interest, dividends, losses and gains, and the circumstances in which financial assets and financial liabilities should be offset. The disclosure standards deal with information about factors that affect the amount, timing and certainty of an enterprise's future cash flows relating to financial instruments and the accounting policies applied to the instruments. In addition, the Standard encourages disclosure of information about the nature and extent of an enterprise's use of financial instruments, the business purposes that they serve, the risks associated with them and management's policies for controlling those risks.Scope1. This Standard should be applied in presenting and disclosing information about all types of financial instruments, both recognised and unrecognised, other than:(a) interests in subsidiaries, as defined in IAS 27, Consolidated Financial Statements and Accounting for Investments in Subsidiaries;(b) interests in associates, as defined in IAS 28, Accounting for Investments in Associates;(c) interests in joint ventures, as defined in IAS 31, Financial Reporting of Interests in Joint Ventures;(d) employers' and plans' obligations for post-employment benefits of all types, including employee benefit plans as described in IAS 19, Employee Benefits, and IAS 26, Accounting and Reporting by Retirement Benefit Plans;(e) employers' obligations under employee stock option and stock purchase plans as described in IAS 19, Employee Benefits; and(f) obligations arising under insurance contracts.2. Although this Standard does not apply to an enterprise's interests in subsidiaries, it does apply to all financial instruments included in the consolidated financial statements of a parent, regardless of whether those instruments are held or issued by the parent or by a subsidiary. Similarly, the Standard applies to financial instruments held or issued by a joint venture and included in the financial statements of a venturer either directly or through proportionate consolidation.3. For purposes of this Standard, an insurance contract is a contract that exposes the insurer to identified risks of loss from events or circumstances occurring or discovered within a specified period, including death (in the case of an annuity, the survival of the annuitant), sickness, disability, property damage, injury to others and business interruption. However, the provisions of this Standard apply when a financial instrument takes the form of an insurance contract but principally involves the transferof financial risks (see paragraph 43), for example, some types of financial reinsurance and guaranteed investment contracts issued by insurance and other enterprises. Enterprises that have obligations under insurance contracts are encouraged to consider the appropriateness of applying the provisions of this Standard in presenting and disclosing information about such obligations.4. Other International Accounting Standards specific to certain types of financial instruments contain additional presentation and disclosure requirements. For example, IAS 17, Leases, and IAS 26, Accounting and Reporting by Retirement Benefit Plans, incorporate specific disclosure requirements relating to finance leases and retirement benefit plan investments, respectively. In addition, some requirements of other International Accounting Standards, particularly IAS 30, Disclosures in the Financial Statements of Banks and Similar Financial Institutions, and IAS 39, Financial Instruments: Recognition and Measurement, apply to financial instruments. Definitions5. The following terms are used in this Standard with the meanings specified:A financial instrument is any contract that gives rise to both a financial asset of one enterprise and a financial liability or equity instrument of another enterprise. Commodity-based contracts that give either party the right to settle in cash or some other financial instrument should be accounted for as if they were financial instruments, with the exception of commodity contracts that (a) were entered into and continue to meet the enterprise's expected purchase, sale, or usage requirements, (b) were designated for that purpose at their inception, and (c) are expected to be settled by delivery.A financial asset is any asset that is:(a) cash;(b) a contractual right to receive cash or another financial asset from another enterprise;(c) a contractual right to exchange financial instruments with another enterprise under conditions that are potentially favourable; or(d) an equity instrument of another enterprise.A financial liability is any liability that is a contractual obligation:(a) to deliver cash or another financial asset to another enterprise; or(b) to exchange financial instruments with another enterprise under conditions that are potentially unfavourable.An enterprise may have a contractual obligation that it can settle either by payment of financial assets or by payment in the form of its own equity securities. In such a case, if the number of equity securities required to settle the obligation varies with changes in their fair value so that the total fair value of the equity securities paid always equals the amount of the contractual obligation, the holder of the obligation is not exposed to gain or loss from fluctuations in the price of its equity securities. Such an obligation should be accounted for as a financial liability of the enterprise. [1]An equity instrument is any contract that evidences a residual interest in the assets of an enterprise after deducting all of its liabilities.Monetary financial assets and financial liabilities (also referred to as monetary financial instruments) are financial assets and financial liabilities to be received or paid in fixed or determinable amounts of money.Fair value is the amount for which an asset could be exchanged, or a liability settled, between knowledgeable, willing parties in an arm's length transaction.Market value is the amount obtainable from the sale, or payable on the acquisition, ofa financial instrument in an active market.6. In this Standard, the terms "contract" and "contractual" refer to an agreement between two or more parties that has clear economic consequences that the parties have little, if any, discretion to avoid, usually because the agreement is enforceable at law. Contracts, and thus financial instruments, may take a variety of forms and need not be in writing.7. For purposes of the definitions in paragraph 5, the term "enterprise" includes individuals, partnerships, incorporated bodies and government agencies.8. Parts of the definitions of a financial asset and a financial liability include the terms financial asset and financial instrument, but the definitions are not circular. When there is a contractual right or obligation to exchange financial instruments, the instruments to be exchanged give rise to financial assets, financial liabilities, or equity instruments. A chain of contractual rights or obligations may be established but it ultimately leads to the receipt or payment of cash or to the acquisition or issuance of an equity instrument.9. Financial instruments include both primary instruments, such as receivables, payables and equity securities, and derivative instruments, such as financial options, futures and forwards, interest rate swaps and currency swaps. Derivative financial instruments, whether recognised or unrecognised, meet the definition of a financial instrument and, accordingly, are subject to this Standard.10. Derivative financial instruments create rights and obligations that have the effect of transferring between the parties to the instrument one or more of the financial risks inherent in an underlying primary financial instrument. Derivative instruments do notresult in a transfer of the underlying primary financial instrument on inception of the contract and such a transfer does not necessarily take place on maturity of the contract.11. Physical assets such as inventories, property, plant and equipment, leased assets and intangible assets such as patents and trademarks are not financial assets. Control of such physical and intangible assets creates an opportunity to generate an inflow of cash or other assets but it does not give rise to a present right to receive cash or other financial assets.12. Assets, such as prepaid expenses, for which the future economic benefit is the receipt of goods or services rather than the right to receive cash or another financial asset are not financial assets. Similarly, items such as deferred revenue and most warranty obligations are not financial liabilities because the probable outflow of economic benefits associated with them is the delivery of goods and services rather than cash or another financial asset.13. Liabilities or assets that are not contractual in nature, such as income taxes that are created as a result of statutory requirements imposed by governments, are not financial liabilities or financial assets. Accounting for income taxes is dealt with in IAS 12, Income Taxes.14. Contractual rights and obligations that do not involve the transfer of a financial asset do not fall within the scope of the definition of a financial instrument. For example, some contractual rights (obligations), such as those that arise under a commodity futures contract, can be settled only by the receipt (delivery) of non-financial assets. Similarly, contractual rights (obligations) such as those that arise under an operating lease for use of a physical asset can be settled only by the receipt (delivery) of services. In both cases, the contractual right of one party to receive a non-financial asset or service and the corresponding obligation of the other party do not establish a present right or obligation of either party to receive, deliver or exchange a financial asset.15. The ability to exercise a contractual right or the requirement to satisfy a contractual obligation may be absolute, or it may be contingent on the occurrence of a future event. For example, a financial guarantee is a contractual right of the lender to receive cash from the guarantor, and a corresponding contractual obligation of the guarantor to pay the lender, if the borrower defaults. The contractual right and obligation exist because of a past transaction or event (assumption of the guarantee), even though the lender's ability to exercise its right and the requirement for the guarantor to perform under its obligation are both contingent on a future act of default by the borrower. A contingent right and obligation meet the definition of a financial asset and a financial liability, even though many such assets and liabilities do not qualify for recognition in financial statements.16. An obligation of an enterprise to issue or deliver its own equity instruments, such as a share option or warrant, is itself an equity instrument, not a financial liability, since the enterprise is not obliged to deliver cash or another financial asset. Similarly,the cost incurred by an enterprise to purchase a right to re-acquire its own equity instruments from another party is a deduction from its equity, not a financial asset. [2]17. The minority interest that may arise on an enterprise's balance sheet from consolidating a subsidiary is not a financial liability or an equity instrument of the enterprise. In consolidated financial statements, an enterprise presents the interests of other parties in the equity and income of its subsidiaries in accordance with IAS 27, Consolidated Financial Statements and Accounting for Investments in Subsidiaries. Accordingly, a financial instrument classified as an equity instrument by a subsidiary is eliminated on consolidation when held by the parent, or presented by the parent in the consolidated balance sheet as a minority interest separate from the equity of its own shareholders. A financial instrument classified as a financial liability by a subsidiary remains a liability in the parent's consolidated balance sheet unless eliminated on consolidation as an intragroup balance. The accounting treatment by the parent on consolidation does not affect the basis of presentation by the subsidiary in its financial statements.PresentationLiabilities and Equity18. The issuer of a financial instrument should classify the instrument, or its component parts, as a liability or as equity in accordance with the substance of the contractual arrangement on initial recognition and the definitions of a financial liability and an equity instrument. [3]19. The substance of a financial instrument, rather than its legal form, governs its classification on the issuer's balance sheet. While substance and legal form are commonly consistent, this is not always the case. For example, some financial instruments take the legal form of equity but are liabilities in substance and others may combine features associated with equity instruments and features associated with financial liabilities. The classification of an instrument is made on the basis of an assessment of its substance when it is first recognised. That classification continues at each subsequent reporting date until the financial instrument is removed from the enterprise's balance sheet.20. The critical feature in differentiating a financial liability from an equity instrument is the existence of a contractual obligation on one party to the financial instrument (the issuer) either to deliver cash or another financial asset to the other party (the holder) or to exchange another financial instrument with the holder under conditions that are potentially unfavourable to the issuer. When such a contractual obligation exists, that instrument meets the definition of a financial liability regardless of the manner in which the contractual obligation will be settled. A restriction on the ability of the issuer to satisfy an obligation, such as lack of access to foreign currency or the need to obtain approval for payment from a regulatory authority, does not negate the issuer's obligation or the holder's right under the instrument.21. When a financial instrument does not give rise to a contractual obligation on the part of the issuer to deliver cash or another financial asset or to exchange another financial instrument under conditions that are potentially unfavourable, it is an equity instrument. Although the holder of an equity instrument may be entitled to receive a pro rata share of any dividends or other distributions out of equity, the issuer does not have a contractual obligation to make such distributions.22. When a preferred share provides for mandatory redemption by the issuer for a fixed or determinable amount at a fixed or determinable future date or gives the holder the right to require the issuer to redeem the share at or after a particular date for a fixed or determinable amount, the instrument meets the definition of a financial liability and is classified as such. A preferred share that does not establish such a contractual obligation explicitly may establish it indirectly through its terms and conditions. For example, a preferred share that does not provide for mandatory redemption or redemption at the option of the holder may have a contractually provided accelerating dividend such that, within the foreseeable future, the dividend yield is scheduled to be so high that the issuer will be economically compelled to redeem the instrument. In these circumstances, classification as a financial liability is appropriate because the issuer has little, if any, discretion to avoid redeeming the instrument. Similarly, if a financial instrument labelled as a share gives the holder an option to require redemption upon the occurrence of a future event that is highly likely to occur, classification as a financial liability on initial recognition reflects the substance of the instrument.Classification of Compound Instruments by the Issuer23. The issuer of a financial instrument that contains both a liability and an equity element should classify the instrument's component parts separately in accordance with paragraph 18.24. This Standard requires the separate presentation on an issuer's balance sheet of liability and equity elements created by a single financial instrument. It is more a matter of form than substance that both liabilities and equity interests are created by a single financial instrument rather than two or more separate instruments. An issuer's financial position is more faithfully represented by separate presentation of liability and equity components contained in a single instrument according to their nature. 25. For purposes of balance sheet presentation, an issuer recognises separately the component parts of a financial instrument that creates a primary financial liability of the issuer and grants an option to the holder of the instrument to convert it into an equity instrument of the issuer. A bond or similar instrument convertible by the holder into common shares of the issuer is an example of such an instrument. From the perspective of the issuer, such an instrument comprises two components: a financial liability (a contractual arrangement to deliver cash or other financial assets) and an equity instrument (a call option granting the holder the right, for a specified period of time, to convert into common shares of the issuer). The economic effect of issuing such an instrument is substantially the same as issuing simultaneously a debtinstrument with an early settlement provision and warrants to purchase common shares, or issuing a debt instrument with detachable share purchase warrants. Accordingly, in all cases, the issuer presents the liability and equity elements separately on its balance sheet.26. Classification of the liability and equity components of a convertible instrument is not revised as a result of a change in the likelihood that a conversion option will be exercised, even when exercise of the option may appear to have become economically advantageous to some holders. Holders may not always act in the manner that might be expected because, for example, the tax consequences resulting from conversion may differ among holders. Furthermore, the likelihood of conversion will change from time to time. The issuer's obligation to make future payments remains outstanding until it is extinguished through conversion, the maturity of the instrument or some other transaction.27. A financial instrument may contain components that are neither financial liabilities nor equity instruments of the issuer. For example, an instrument may give the holder the right to receive a non-financial asset such as a commodity in settlement and an option to exchange that right for shares of the issuer. The issuer recognises and presents the equity instrument (the exchange option) separately from the liability components of the compound instrument, whether the liabilities are financial or non-financial.28. This Standard does not deal with measurement of financial assets, financial liabilities and equity instruments and does not therefore prescribe any particular method for assigning a carrying amount to liability and equity elements contained in a single instrument. Approaches that might be followed include:(a) assigning to the less easily measurable component (often an equity instrument), the residual amount after deducting from the instrument as a whole the amount separately determined for the component that is more easily measurable; and(b) measuring the liability and equity components separately and, to the extent necessary, adjusting these amounts on a pro rata basis so that the sum of the components equals the amount of the instrument as a whole.The sum of the carrying amounts assigned to the liability and equity components on initial recognition is always equal to the carrying amount that would be ascribed to the instrument as a whole. No gain or loss arises from recognising and presenting the components of the instrument separately.29. Under the first approach described in paragraph 28, the issuer of a bond convertible into common shares first determines the carrying amount of the financial liability by discounting the stream of future payments of interest and principal at the prevailing market rate for a similar liability that does not have an associated equity component. The carrying amount of the equity instrument represented by the option to convert the instrument into common shares may then be determined by deducting thecarrying amount of the financial liability from the amount of the compound instrument as a whole. Under the second approach, the issuer determines the value of the option directly either by reference to the fair value of a similar option, if one exists, or by using an option pricing model. The value determined for each component is then adjusted on a pro-rata basis to the extent necessary to ensure that the sum of the carrying amounts assigned to the components equals the amount of the consideration received for the convertible bond.Interest, Dividends, Losses and Gains30. Interest, dividends, losses and gains relating to a financial instrument, or a component part, classified as a financial liability should be reported in the income statement as expense or income. Distributions to holders of a financial instrument classified as an equity instrument should be debited by the issuer directly to equity. 31. The classification of a financial instrument in the balance sheet determines whether interest, dividends, losses and gains relating to that instrument are classified as expenses or income and reported in the income statement. Thus, dividend payments on shares classified as liabilities are classified as expenses in the same way as interest on a bond and reported in the income statement. Similarly, gains and losses associated with redemptions or refinancings of instruments classified as liabilities are reported in the income statement, while redemptions or refinancings of instruments classified as equity of the issuer are reported as movements in equity[4].32. Dividends classified as an expense may be presented in the income statement either with interest on other liabilities or as a separate item. Disclosure of interest and dividends is subject to the requirements of IAS 1, Presentation of Financial Statements, IAS 30, Disclosures in the Financial Statements of Banks and Similar Financial Institutions and IAS 39, Financial Instruments: Recognition and Measurement. In some circumstances, because of significant differences between interest and dividends with respect to matters such as tax deductibility, it is desirable to disclose them separately within the income statement. Disclosures of the amounts of tax effects are made in accordance with IAS 12, Income Taxes.Offsetting of a Financial Asset and a Financial Liability33. A financial asset and a financial liability should be offset and the net amount reported in the balance sheet when an enterprise:(a) has a legally enforceable right to set off the recognised amounts; and(b) intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.34. This standard requires the presentation of financial assets and financial liabilities on a net basis when this reflects an enterprise's expected future cash flows from settling two or more separate financial instruments. When an enterprise has the right toreceive or pay a single net amount and intends to do so, it has, in effect, only a single financial asset or financial liability. In other circumstances, financial assets and financial liabilities are presented separately from each other consistent with their characteristics as resources or obligations of the enterprise.35. Offsetting a recognised financial asset and a recognised financial liability and presenting the net amount differs from ceasing to recognise a financial asset or a financial liability. While offsetting does not give rise to recognition of a gain or a loss, ceasing to recognise a financial instrument not only results in the removal of the previously recognised item from the balance sheet but may also result in recognition of a gain or a loss.36. A right of set-off is a debtor's legal right, by contract or otherwise, to settle or otherwise eliminate all or a portion of an amount due to a creditor by applying against that amount an amount due from the creditor. In unusual circumstances, a debtor may have a legal right to apply an amount due from a third party against the amount due to a creditor provided that there is an agreement among the three parties that clearly establishes the debtor's right of set-off. Since the right of set-off is a legal right, the conditions supporting the right may vary from one legal jurisdiction to another and care must be taken to establish which laws apply to the relationships between the parties.37. The existence of an enforceable right to set off a financial asset and a financial liability affects the rights and obligations associated with a financial asset and a financial liability and may affect significantly an enterprise's exposure to credit and liquidity risk. However, the existence of the right, by itself, is not a sufficient basis for offsetting. In the absence of an intention to exercise the right or to settle simultaneously, the amount and timing of an enterprise's future cash flows are not affected. When an enterprise does intend to exercise the right or to settle simultaneously, presentation of the asset and liability on a net basis reflects more appropriately the amounts and timing of the expected future cash flows, as well as the risks to which those cash flows are exposed. An intention by one or both parties to settle on a net basis without the legal right to do so is not sufficient to justify offsetting since the rights and obligations associated with the individual financial asset and financial liability remain unaltered.38. An enterprise's intentions with respect to settlement of particular assets and liabilities may be influenced by its normal business practices, the requirements of the financial markets and other circumstances that may limit the ability to settle net or to settle simultaneously. When an enterprise has a right of set-off but does not intend to settle net or to realise the asset and settle the liability simultaneously, the effect of the right on the enterprise's credit risk exposure is disclosed in accordance with the standard in paragraph 66.39. Simultaneous settlement of two financial instruments may occur through, for example, the operation of a clearing house in an organised financial market or a face-to-face exchange. In these circumstances the cash flows are, in effect, equivalent to a。
国际会计准则(1~41)中英文目录对照

国际会计准则(1~41)中英文目录对照国际会计准则(1~41)中英文目录对照1.IAS1:Presentation of Financial Statements《IAS1——财务报表的列报》2.IAS2:Inventories《IAS2——存货》3.IAS3:Consolidated Financial Statements《IAS3——合并财务报表》(已被IAS27和IAS28取代)4.IAS4:Depreciation Accounting《IAS4——折旧会计》(已被IAS16、IAS22和IAS38取代)5.IAS5:Information to Be Disclosed in Financial Statements《IAS5——财务报表中披露的信息》(已被IAS1取代)6.IAS6:Accounting Responses to Changing Prices《IAS6——物价变动会计》(已被IAS15取代)7.IAS7:Cash Flow Statements《IAS7——现金流量表》8.IAS8:Accounting Policies, Changes in Accounting Estimates and Errors 《IAS8——当期净损益、重大差错和会计政策变更》9.IAS9:Accounting for Research and Development Activities《IAS9——研发活动会计》(已被IAS38取代)10.IAS10:Events after the Balance Sheet Date《IAS10——资产负债表日后事项》11.IAS11:Construction Contracts《IAS11——建造合同》12.IAS12:Income Taxes《IAS12——所得税》13.IAS13:Presentation of Current Assets and Current Liabilities 《IAS13——流动资产和流动负债的列报》(已被IAS1取代)14.IAS14:Segment Reporting《IAS14——分部报告》15.IAS15:Information Reflecting the Effects of Changing Prices《IAS15——反映物价变动影响的信息》(2003年已被撤销)16.IAS16:Property, Plant and Equipment《IAS16——不动产、厂场和设备》17.IAS17:Leases《IAS17——租赁》18.IAS18:Revenue《IAS18——收入》19.IAS19:Employee Benefits《IAS19——雇员福利》20.IAS20:Accounting for Government Grants and Disclosure of Government Assistance《IAS20——政府补助会计和政府援助的披露》21.IAS21:The Effects of Changes in Foreign Exchange Rates《IAS21——汇率变动的影响》22.IAS22:Business Combinations《IAS22——企业合并》(已被IFRS3取代)23.IAS23:Borrowing Costs《IAS23——借款费用》24.IAS24:Related Party Disclosures《IAS24——关联方披露》25.IAS25:Accounting for Investments《IAS25——投资会计》(已被IAS39 和IAS40取代)26.IAS26:Accounting and Reporting by Retirement Benefit Plans《IAS26——退休福利计划的会计和报告》27.IAS27:Consolidated and Separate Financial Statements《IAS27——合并财务报表及对子公司投资会计》28.IAS28:Investments in Associates《IAS28——对联合企业投资会计》29.IAS29:Financial Reporting in Hyperinflationary Economies《IAS29——恶性通货膨胀经济中的财务报告》30.IAS30:Disclosures in the Financial Statements of Banks and Similar Financial Institutions《IAS30——银行和类似金融机构财务报表中的披露》31.IAS31:Interests in Joint Ventures《IAS31——合营中权益的财务报告》32.IAS32:Financial Instruments: Disclosure and Presentation《IAS32——金融工具:披露和列报》33.IAS33:Earnings per Share《IAS33——每股收益》34.IAS34:Interim Financial Reporting《IAS34——中期财务报告》35.IAS35:Discontinuing Operations《IAS35——终止经营》(已被IFRS5取代)36.IAS36:Impairment of Assets《IAS36——资产减值》37.IAS37:Provisions, Contingent Liabilities and Contingent Assets 《IAS37——准备、或有负债和或有资产》38.IAS38:Intangible Assets《IAS38——无形资产》39.IAS39:Financial Instruments: Recognition and Measurement《IAS39——金融工具:确认和计量》40.IAS40:Investment Property《IAS40——投资性房地产》41.IAS41:Agriculture《IAS41——农业》国际会计准则中文版文件格式:Pdf可复制性:可复制TAG标签:会计学点击次数:更新时间:2010-03-30 15:23介绍国际会计准则中文版,国际会计准则在2008年做了更新,中文版不知道是否同步更新,这个对于会计从业人员的帮助很大,在网上找了很久中文版都是2003的老版本,不知道楼主上传的版本对我是否有用。
香港会计准则与国际会计准则对照表

Comparison of Hong Kong Accounting Standards with International Accounting Standards (IASs)/ International Financial Reporting Standards (IFRSs)for the June 2006 examinationsHKG document TitleINTdocumentTitleExaminablePaper(s)Preface to Hong Kong Financial Reporting Standards 1.1, 2.5, 2.6, 3.13.6Framework for the Preparation and Presentation of Financial Statements Framework for the Preparation and Presentation of Financial Statements 1.1 (Note 5), 2.5,2.6,3.1, 3.6HKAS 1 Presentation of Financial Statements IAS 1Presentation of Financial Statements 1.1, 2.5, 2.6, 3.1, 3.6HKAS 1 Amendment Capital Disclosures 1.1, 2.5, 2.6, 3.1,3.6HKAS 2 Inventories IAS 2 Inventories 1.1, 2.5, 2.6, 3.1,3.6HKAS 7 Cash Flow Statements IAS 7 Cash Flow Statements 1.1 (Note 1), 2.5(Note 1), 2.6, 3.1,3.6HKAS 8 Accounting Policies, Changes in Accounting Estimates and Errors IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors 1.1, 2.5, 2.6, 3.1,3.6HKAS 10 Events After the Balance Sheet Date IAS 10Events After the Balance Sheet Date 1.1, 2.5, 2.6, 3.1, 3.6HKAS 11 Construction Contracts IAS 11 Construction Contracts 2.5, 2.6, 3.1, 3.6 HKAS 12 Income Taxes IAS 12 Income Taxes 2.5, 2.6, 3.1, 3.6 HKAS 14 Segment Reporting IAS 14 Segment Reporting 2.5, 2.6, 3.1, 3.6HKAS 16 Property, Plant and EquipmentIAS 16 Property, Plant and Equipment 1.1, 2.5, 2.6, 3.1, 3.6HKAS 17 Leases IAS 17 Leases 2.5, 2.6, 3.1, 3.6HKAS 18 RevenueIAS 18 Revenue 1.1, 2.5, 2.6, 3.1,3.6HKAS 19 Employee Benefits IAS 19 Employee Benefits 3.6HKAS19 Amendment Employee Benefits – Actuarial Gains and Losses, Group Plans andDisclosures3.6HKAS 20 Accounting for Government Grants and Disclosure of Government Assistance IAS 20Accounting for Government Grants and Disclosure of GovernmentAssistance2.5, 2.6,3.1, 3.6HKAS 21 The Effects of Changes in Foreign Exchange Rates IAS 21 The Effects of Changes in Foreign Exchange Rates 3.6HKAS 23 Borrowing Costs IAS 23 Borrowing Costs 2.5, 2.6, 3.1, 3.6 HKAS 24 Related Party Disclosures IAS 24 Related Party Disclosures 2.5, 2.6, 3.1, 3.6 HKAS 27 Consolidated and Separate Financial Statements IAS 27 Consolidated and Separate Financial Statements 2.5, 2.6, 3.1, 3.6HKAS 28 Investments in AssociatesIAS 28 Investments in Associates2.5, 2.6,3.1, 3.6HKAS 29 Financial Reporting in Hyperinflationary Economies IAS 29 Financial Reporting in Hyperinflationary Economies 3.6HKAS 31 Investments in Joint Ventures IAS 31 Interests in Joint Ventures 2.5, 2.6, 3.1, 3.6 HKAS 32 Financial Instruments: Disclosure and Presentation IAS 32 Financial Instruments: Disclosure and Presentation 2.5, 2.6, 3.1, 3.6 HKAS 33 Earnings per Share IAS 33 Earnings per Share 2.5, 2.6, 3.1, 3.6HKAS 34 Interim Financial Reporting IAS 34 Interim Financial Reporting 3.6HKAS 36 Impairment of Assets IAS 36 Impairment of Assets 2.5, 2.6, 3.1, 3.6HKAS 37 Provisions, Contingent Liabilities and Contingent Assets IAS 37 Provisions, Contingent Liabilities and Contingent Assets 1.1 (Note 2), 2.5,2.6,3.1, 3.6HKAS 38 Intangible Assets IAS 38 Intangible Assets 1.1 (Note 3), 2.5,2.6,3.1, 3.6HKAS 39 Financial Instruments: Recognition and Measurement IAS 39 Financial Instruments: Recognition and Measurement 2.5, 2.6, 3.1, 3.6HKAS 39 Amendment Transition and Initial Recognition of Financial Assets and FinancialLiabilities2.5, 2.6,3.1 ,3.6HKAS 39AmendmentCash Flow Hedge Accounting of Forecast Intragroup Transactions 2.5, 2.6, 3.1 ,3.6 HKAS 39AmendmentThe Fair Value Option 2.5, 2.6, 3.1 ,3.6HKAS 39 & HKFRS 4 Amendment Financial Instruments: Recognition and Measurement and InsuranceContracts – Financial Guarantee Contracts2.5, 2.6,3.1 ,3.6(HKFRS 4 Amend3.6 only)HKAS 40 Investment Property IAS 40 Investment Property 2.5, 2.6, 3.1, 3.6HKAS 41 Agriculture IAS 41 Agriculture 3.6 HKFRS 1 First-time adoption of Hong Kong Financial Reporting Standards IFRS 1 First –time adoption of International Financial Reporting Standards 2.5, 2.6, 3.1, 3.6HKFRS 1 & 6 Amendment First-time Adoption of Hong Kong Financial Reporting Standards andExploration for and Evaluation of Mineral Resources2.5, 2.6,3.1, 3.6(HKFRS 6 Amend3.6 only)HKFRS 2 Share-based Payment IFRS 2 Share-based Payment 3.6HKFRS 3 Business Combinations IFRS 3 Business Combinations 1.1 (Note 6), 2.5,2.6,3.1, 3.6 HKFRS 4 Insurance Contracts IFRS 4 Insurance Contracts 3.6HKFRS 5 Non-current Assets Held for Sale and Discontinued Operations IFRS 5 Non-current Assets Held for Sale and Discontinued Operations 1.1 (Note 4), 2.5,2.6,3.1, 3.6 HKFRS 7 Financial Instruments: Disclosures IFRS 7 Financial Instruments: Disclosures 2.5, 2.6, 3.1, 3.6 HKFRS 6 Exploration for and Evaluation of Mineral Resources IFRS 6 Exploration for and Evaluation of Mineral Resources 3.6HK-INT 3 Revenue – Pre Completion Contracts for the Sale of DevelopmentProperties2.5, 2.6,3.1, 3.6 HK-INT 4 Leases – Determination of The Length of Lease Term in respect of HongKong Land Leases2.5, 2.6,3.1, 3.6 HKAS-INT 10 Government Assistance – No Specific Relation to Operating Activites SIC 10 Government assistance – No specific relation to operating activities 2.5, 2.6, 3.1, 3.6 HKAS-Int 12 Consolidation – Special Purpose Entities SIC 12 Consolidation – Special Purpose Entities 3.6HKAS-Int 12 Amendment Scope of HKAS-Int 12 Consolidation – Special Purpose Entities3.6HKAS-Int 13 Jointly Controlled Entities – Non-Monetary Contributions by Venturers SIC 13 Jointly Controlled Entities – Non-Monetary Contributions by Venturers 3.6 HKAS-Int 15 Operating Leases – Incentives SIC 15 Operating Leases – Incentives 3.6 HKAS-Int 21 Income Taxes – Recovery of Revalued Non-Depreciable Assets SIC 21 Income Taxes – Recovery of Revalued Non-Depreciable Assets 3.6HKAS-Int 25 Income Taxes – Changes in the Tax Status of an Enterprise or Its Shareholders SIC 25 Income Taxes – Changes in the Tax Status of an Enterprise or ItsShareholders3.6HKAS-Int 27 Evaluating the Substance of Transactions Involving the Legal Form of a Lease SIC 27 Evaluating the Substance of Transactions In the Legal Form of a Lease3.6HKAS-Int 29 Disclosure – Service Concession Arrangements SIC 29 Disclosure – Service Concession Arrangements 3.6HKAS-Int 31 Revenue – Barter Transactions Involving Advertising Services SIC 31 Revenue – Barter Transactions Involving Advertising Services 3.6HKAS-Int 32 Intangible Assets – Web Site Costs SIC 32 Intangible Assets – Web Site Costs 3.6HKFRS-Int 1 Changes in Existing Decommissioning, Restoration and Similar Liabilities IFRIC 1 Changes in Existing Decommissioning, Restoration and Similar Liabilities 3.6HKFRS-Int 4 Determining Whether an Arrangement contains a Lease IFRIC 4 Determining Whether an Arrangement contains a Lease 2.5, 2.6, 3.1, 3.6HKFRS-Int 5 Rights to Interests arising from Decommissioning, Restoration and Environmental Rehabilitation Funds IFRIC 5 Rights to Interests arising from Decommissioning, Restoration andEnvironmental Funds3.6 IFRIC 7 Applying the Restatement Approach under IAS 29, Financial Reporting in Hyperinflationary Economies3.6 DP Preliminary Views on Accounting Standards for Small and Medium-sized Entities3.6 ED Proposed Amendment to IFRS 3, Business Combinations 3.6 ED Proposed Amendment to IAS 27, Consolidated and Separate FinancialStatements3.6 ED Proposed Amendment to IAS 37, Provisions, Contingent Liabilities andContingent Assets3.6 DP Measurement Bases for Financial Reporting – Measurement on InitialRecognition3.6 DP Management Commentary 3.6Notes1. Cash flow statements are examinable for 1.1 and2.5 but excluding group cash flow statements and cash flow statements including foreign currency.2. Examinable for 1.1 only to the extent of candidates providing definitions and simple calculations.3. Examinable for 1.1 only to cover basic knowledge of Research and Development and Goodwill.4. Examinable for 1.1 only to cover disclosures in relation to Discontinuing Operations.5. The Framework for the preparation of financial statements is examinable for 1.1 at an introductory level only.6. Examinable for 1.1 only to cover basic consolidation.。
ACCA-P2知识要点汇总

P2. Financial ReportingIAS 1 Presentation of financial statementsIAS 2 InventoriesIAS 7 Statements of cash flowsIAS 8 Accounting policies, changes in accounting estimates and errors IAS 10 √ Events after the reporting periodIAS 11 √ Construction contractsIAS 12 ★★ Income taxesIAS 16 √ Property, plant and equipmentIAS 17 √ LeasesIAS 18 RevenueIAS 19 ★★★ Employee benefitsIAS 20 Accounting for government grants and disclosure of government assistanceIAS 21 ★★★ The effects of changes in foreign exchange ratesIAS 23 Borrowing costsIAS 24 √ Related party disclosuresIAS 27 Separate financial statementsIAS 28 Investments in associatesIAS 31 Interests in joint venturesIAS 32 Financial instruments: presentationIAS 33 Earnings per shareIAS 34 Interim financial reportingIAS 36 √ Impairment of assetsIAS 37 ★★★ Provisions, contingent liabilities and contingent assetsIAS 38 √ Intangible assetsIAS 39 Financial instruments: recognition and measurementIAS 40 √ Investment propertyIAS 41 √ AgricultureIFRS 2 ★★★ Share‐based paymentIFRS 3 ★ Business combinationsIFRS 5 ★★★ Non‐current assets held for sale and discontinued operations IFRS 7 Financial instruments: disclosuresIFRS 8 ★★★ Operating segmentsIFRS 9 ★★ Financial InstrumentsIFRS 10 ★ Consolidated financial statementsIFRS 11 ★★★ Joint arrangementsIFRS 13 ★★★ Fair value measurementIFRS 15 ★★★ Revenue from contracts with customersIFRS 16 √ Leases不考or非重点:IAS 26 * Accounting and reporting by retirement benefit plans IAS 29 * Financial reporting in hyperinflationary economiesIAS 30 * Disclosure in the financial statements of banks and similar financial institutions (not examinable)IFRS 1* First time adoption of International Financial Reporting StandardsIFRS 4 * Insurance contractsIFRS 6 * Exploration for and evaluation of mineral resourcesIFRS 12* Disclosures of interests in other entitiesIFRS 14* Regulatory deferral accountsPart 1.The IASB’s Conceptual Framework for Financial Reporting1.财报的目的:The objective of general purpose financial reporting is to provide financial information about the reporting entity that is useful to existing and potential investors, lenders and other creditors in making decisions about providing resources to the entity. Those decisions involve buying, selling or holding equity and debt instruments, and providing or settling loans and other forms of credit.2.财报提供的信息:General purpose financial reports do not and cannot provide all of the information,需要结合其他信息,譬如整个经济环境和预期,政治风向和事件,行业及公司展望等。
IAS31

范围Scope本号准则适用于合营中权益的会计处理,以及在合营者和投资者的财务报表中对合营资产、负债、收入和费用的报告,而不论合营活动是在何种结构或形式下发生的。
1 This Standard shall be applied in accounting for interests in joint ventures and the reporting of joint venture assets, liabilities, income and expenses in the financial statements of venturers and investors, regardless of the structures or forms under which the joint venture activities take place. However, it does not apply to venturers’ interests in jointly controlled entit ies held by:(a) venture capital organisations, or(b) mutual funds, unit trusts and similar entities including investment-linked insurance funds that are measured at fair value through profit or loss in accordance with IFRS 9 Financial Instruments and IAS 39 Financial Instruments: Recognition and Measurement. An entity shall measure such investments at fair value through profit or loss in accordance with IFRS 9. A venturer holding such an interest shall make the disclosures required by paragraphs 55 and 56.2 A venturer with an interest in a jointly controlled entity is exempted from paragraphs 30 (proportionate consolidation) and 38 (equity method) when itmeets the following conditions:(a) the interest is classified as held for sale in accordance with IFRS 5Non-current Assets Held for Sale and Discontinued Operations;(b) the exception in paragraph 10 of IAS 27 Consolidated and Separate Financial Statements allowing a parent that also has an interest in a jointly controlledentity not to present consolidated financial statements is applicable; or(c) all of the following apply:(i) the venturer is a wholly-owned subsidiary, or is a partially-ownedsubsidiary of another entity and its owners, including those nototherwise entitled to vote, have been informed about, and do notobject to, the venturer not applying proportionate consolidation orthe equity method;(ii) the venturer’s debt or equity instruments are not traded in a publicmarket (a domestic or foreign stock exchange or an over-the-countermarket, including local and regional markets);(iii) the venturer did not file, nor is it in the process of filing, its financial statements with a securities commission or other regulatoryorganisation, for the purpose of issuing any class of instruments in apublic market; and(iv) the ultimate or any intermediate parent of the venturer produces consolidated financial statements available for public use that complywith International Financial Reporting Standards.定义Definitions本号准则所使用的下列术语,具有特定的含义:3 The following terms are used in this Standard with the meanings specified:控制,是指统取某项经济活动的财务和经营政策,藉以从中获取利益的能力。
国际资产评估准则翻译

5.1.4 Real estate investment through the ownership of securities ,or instruments securing both debt equity positions , represents an alternative to the direct ownership of property .Investors are able to own and trade shares of an interest in a property or pool of properties in the same way they would buy and sell shares of corporate stock.房地产投资通过对有价证券的所有权,或拥有同等债务地位的投资工具的保护,反映了与直接财产所有权的不同。
投资者能够拥有或者买卖一项财产或者合伙经营财产的股票所产生的利息而且用同样的方法他们可以买卖共同的股份。
5.1.4.1 The market for such securities includes both a private ,or institutional ,sector (partnerships ,corporations ,pension /superannuation funds ,and insurance companies ) and a public sector (individual investment who trade in a securities market).该类证券的市场包括私人,或机构、行业(合伙、公司、养老基金、保险、养老保险公司)和公用事业部门(个人投资在证券市场交易)。
5.1.4.2 Securitised investment instruments include real estate investment trusts(REITs)(property investment or unit trusts ), collateralized mortgage obligations (CMOs),commercial mortgage –backed securities (CMBSs),real estate operating companies (REOCs),and separate and commingled accounts.证券投资工具包括房地产投资信托公司(物业投资或者单位信托基金)、抵押担保债券(CMOs)、商业抵押证券(CMBSs)、房地产经营公司(REOCs),分离和混合账户。
香港会计准则和国际会计准则体系比较

as at 1January 20081TitleIASBequivalentDifferences in Transitional ProvisionsDifferences in Effective DatesOther Textual Differences FRAMEWORK Framework for the Preparation andPresentation of Financial StatementsIASBFrameworkN/AN/AMinor textual differences –no practical effect.as at 1January 20082HKFRS No.TitleIFRS No.Differences in Transitional ProvisionsDifferences in Effective DatesOther Textual Differences HKFRS 1First-time Adoption of Hong Kong Financial Reporting StandardsIFRS 1NoNo,except para 47F specifies that paras 23and 27to 30of HKFRS 1(IFRS 1)are effective for AP beginning on or after 1January 2005(1January 2004).Minor textual differences –no practical effect.HKFRS 2Share-based Payment IFRS 2No NoNoHKFRS 3Business CombinationsIFRS 3NoExcept for limitedretrospective application as per para 85,HKFRS 3(IFRS 3)is effective for businesscombinations for which theagreement date is on or after 1January 2005(31March 2004).Noas at 1January 20083HKFRS No.TitleIFRS No.Differences in Transitional ProvisionsDifferences in Effective DatesOther Textual Differences HKFRS 4Insurance Contracts IFRS 4No No No HKFRS 5Non-current Assets Held for Sale and Discontinued Operations IFRS 5No No No HKFRS 6Exploration for and Evaluation of Mineral Resources IFRS 6No No No HKFRS 7Financial Instruments:Disclosures IFRS 7No No No HKFRS 8Operating SegmentsIFRS 8NoNoNoas at 1January 20084HKAS No.TitleIAS No.Differences in Transitional ProvisionsDifferences in Effective DatesOther Textual Differences HKAS 1Presentation of Financial Statements IAS 1NoNo*Minor textual differences –explanation of legalrequirements which do not give rise to differences.HKAS 1RevisedPresentation of Financial Statements IAS 1Revised No NoMinor textual differences –explanation of legalrequirements which do not give rise to differences.HKAS 2InventoriesIAS 2No No*NoHKAS 7Cash Flow StatementsIAS 7NoHKAS 7(IFRS 7)is effective for AP beginning on or after 1January 2005(1January 1994).No HKAS 8Accounting Policies,Changes in Accounting Estimates and ErrorsIAS 8NoNo*Minor textual differences –no practical effect.as at 1January 20085HKAS No.TitleIAS No.Differences in Transitional ProvisionsDifferences in Effective DatesOther Textual Differences HKAS 10Events after the Balance Sheet Date IAS 10NoNo*Minor textual differences –explanation of legalrequirements which do not give rise to differences.HKAS 11Construction Contracts IAS 11NoHKAS 11*(IAS 11)is effective for AP beginning on or after 1January 2005(1January 1995).Noas at 1January 20086HKAS No.TitleIAS No.Differences in Transitional ProvisionsDifferences in Effective DatesOther Textual Differences HKAS 12Income Taxes IAS 12NoHKAS 12*(IAS 12)is effective for AP beginning on or after 1January 2005(1January 1998with certain amendments effective for AP beginning on or after 1January 2001).The explanatory guidance and illustrative examples set out in the boxes within the body of HKAS 12contain material that is expanded on that in IAS 12and considered to be more user-friendly.HKAS 14Segment Reporting IAS 14NoHKAS 14*(IAS 14)is effective for AP beginning on or after 1January 2005(1July 1998).Noas at 1January 20087HKAS No.TitleIAS No.Differences in Transitional ProvisionsDifferences in Effective DatesOther Textual Differences HKAS 16Property,Plant and Equipment IAS 16HKAS 16has the following additional transition provisions.1.Para 80Aexempting certain entities that carried their PPE atrevalued amounts before 30September 1995and have notrevalued since that date from making regular revaluation.2.Para 80B allowingthose not-for-profit entities that previously took advantage of the exemption under SSAP 17to deem the carrying amount of an item of PPE immediately before applying HKAS 16on its effective date (or earlier)as the cost of that item.No*Noas at 1January 20088HKAS No.TitleIAS No.Differences in Transitional ProvisionsDifferences in Effective DatesOther Textual Differences HKAS 17Leases IAS 17No No*NoHKAS 18RevenueIAS 18NoHKAS 18*(IAS 18)is effective for AP beginning on or after 1January 2005(1January 1995).No HKAS 19Employee Benefits IAS 19HKAS 19has an additional paragraph 153A specifying that the transitionalprovisions set out in paragraphs 154to 156of HKAS 19apply only when an entity had not previously applied SSAP 34(May 2003).HKAS 19*(IAS 19)is effective for AP beginning on or after 1January 2005(1January 1999with certain amendments commencing later).Noas at 1January 20089HKAS No.TitleIAS No.Differences in Transitional Provisions Differences in Effective DatesOther Textual Differences HKAS 20Accounting for Government Grants and Disclosure of Government AssistanceIAS 20IAS 20has an additional transitional provision (para 40)allowing an entity adopting IAS 20for the first time to apply the accounting provisions of IAS 20only to grants or portions of grants becoming receivable or repayable after the effective date of IAS 20.HKAS 20*(IAS 20)is effective for AP beginning on or after 1January 2005(1January 1984).No HKAS 21The Effects of Changes in Foreign Exchange RatesIAS 21NoNo*Noas at 1January 200810HKAS No.TitleIAS No.Differences in Transitional ProvisionsDifferences in Effective DatesOther Textual Differences HKAS 23Borrowing Costs IAS 23HKAS 23has an additional transitional provision (para 30)allowing entities that expense all borrowing costs to apply new policy prospectively.IAS 23has anadditional transitional provision (para 30)permitting entities that expensed borrowing costs to capitalize borrowing costs prospectively.HKAS 23*(IAS 23)is effective for AP beginning on or after 1January 2005(1January 1995).No HKAS 23Revised Borrowing CostsIAS 23Revised No No No HKAS 24Related Party Disclosures IAS 24No No*NoHKAS 26Accounting and Reporting by Retirement Benefit PlansIAS 26NoHKAS 26(IAS 26)is effective for AP beginning on or after 1January 2005(1January 1988).HKAS 26has an appendix giving guidance on preparing financial statements of MPF schemes and ORSOschemes in accordance with the standard.as at 1January 200811HKAS No.TitleIAS No.Differences in Transitional ProvisionsDifferences in Effective DatesOther Textual Differences HKAS 27Consolidated and Separate Financial StatementsIAS 27NoNo*Minor textual differences –explanation of legalrequirements which do not give rise to differences.HKAS 28Investments in Associates IAS 28No No*NoHKAS 29Financial Reporting inHyperinflationary EconomiesIAS 29NoHKAS 29(IAS 29)is effective for AP beginning on or after 1January 2005(1January 1990).Noas at 1January 200812HKAS No.TitleIAS No.Differences in Transitional ProvisionsDifferences in Effective DatesOther Textual Differences HKAS 31Interests in Joint VenturesIAS 31NoNo*No HKAS 32Financial Instruments:PresentationIAS 32HKAS 32has an additional transitional provision (para 97)allowing an entity not to present comparative information if such information is not available.No NoHKAS 33Earnings Per Share IAS 33No No*NoHKAS 34Interim Financial ReportingIAS 34NoHKAS 34*(IAS 34)is effective for AP beginning on or after 1January 2005(1January 1999).Noas at 1January 200813HKAS No.TitleIAS No.Differences in Transitional Provisions Differences in Effective DatesOther Textual Differences HKAS 36Impairment of Assets IAS 36HKAS 36(IAS 36)para 139specifies that an entity shall apply HKAS 36(IAS 36)(a)to goodwill and intangible assets acquired in businesscombinations for which theagreement date is on or after 1January 2005(31March 2004);and (b)to all other assetsprospectively from the beginning of the first annual period beginning on or after 1January 2005(31March 2004).HKAS 36(IAS 36)is effective for AP beginning on or after 1January 2005(31March2004).Noas at 1January 200814HKAS No.TitleIAS No.Differences in Transitional Provisions Differences in Effective DatesOther Textual Differences HKAS 37Provisions,Contingent Liabilities and Contingent AssetsIAS 37IAS 37has an additional transitional provision (para 93)allowing an entity not to adjust opening balance of retained earnings for the earliest period presented and to restate comparative information for the period in which IAS 37is first adopted.HKAS 37*(IAS 37)is effective for AP beginning on or after 1January 2005(1July 1999).HKAS 37contains additional Hong Kong examples 3A,8A,12and 13in Appendix C.No comparable examples are included in Appendix C to IAS 37–no practical effect.as at 1January 200815HKAS No.TitleIAS No.Differences in Transitional Provisions Differences in Effective DatesOther Textual Differences HKAS 38Intangible Assets IAS 38HKAS 38(IAS 38)para 130specifies that an entity shall apply HKAS 38(IAS 38):(a)to the accounting for intangible assets acquired in businesscombinations for which theagreement date is on or after 1January 2005(31March 2004);and (b)to the accounting for all otherintangible assets prospectively from thebeginning of the first annual period beginning on or after 1January 2005(31March 2004).HKAS 36(IAS 36)is effective for AP beginning on or after 1January 2005(31March2004).Noas at 1January 200816HKAS No.TitleIAS No.Differences in Transitional Provisions Differences in Effective DatesOther Textual Differences HKAS 39Financial Instruments:Recognition and MeasurementIAS 39HKAS 39does not permit retrospective application except in certain limited circumstances whereas IAS 39generally requires retrospective application.Accordingly,thetransitional provisions in HKAS 39aredifferent from those in IAS 39.For details,please refer to the Standards.No Noas at 1January 200817HKAS No.TitleIAS No.Differences in Transitional Provisions Differences in Effective DatesOther Textual Differences HKAS 40Investment Property IAS 40HKAS 40has the following additional transitional provisions:HKAS 40paras 80A on fair value model Para 80A of HKAS 40requires an entity that has previously applied SSAP 13(2000)for non-leaseholdinvestment properties and chooses to use the fair value model to reflect the effect of applying HKAS 40on its effective date (or earlier)as an adjustment to the opening balance of retained earnings for the period in which HKAS 40is first applied.No*Noas at 1January 200818HKAS No.TitleIAS No.Differences in Transitional ProvisionsDifferences in Effective DatesOther Textual Differences Para 80A alsoencourages the entity to adjust the comparativeinformation if the entity has previouslydisclosed publicly fair value of thoseproperties but requires the entity to disclose the fact if otherwise.HKAS 40paras 83A and 83B on cost model Paras 83A and 83B of HKAS 40allow an entity to take thecarrying amount of the investment property under SSAP 13(2000)as the deemed cost on the date that HKAS 40is first applied.Any adjustments,includingas at 1January 200819HKAS No.TitleIAS No.Differences in Transitional ProvisionsDifferences in Effective DatesOther Textual Differences the reclassification of any amount previously held in revaluation reserve,are to be made to the opening balance of retained earnings.Depreciation on deemed costcommences from the opening balance sheet date.HKAS 41Agriculture IAS 41NoHKAS 41*(IAS 41)is effective for AP beginning on or after 1January 2005(1January 2003).Noas at 1January 200820HK(IFRIC)-Int No.TitleIFRIC No.Differences in Transitional ProvisionsDifferences in Effective DatesOther Textual Differences HK(IFRIC)-Int 1Changes in Existing Decommissioning,Restoration and Similar Liabilities IFRIC 1NoNoMinor textual differences –no practical effect.HK(IFRIC)-Int 2Members’Shares in Co-operativeEntities and Similar InstrumentsIFRIC 2No No No HK(IFRIC)-Int 4Determining whether an Arrangement contains a Lease IFRIC 4No No No HK(IFRIC)-Int 5Rights to Interests arising from Decommissioning,Restoration and Environmental Rehabilitation Funds IFRIC 5NoNoNoHK(IFRIC)-Int 6Liabilities arising from Participating in a Specific Market –Waste Electrical and Electronic EquipmentIFRIC 6No No Noas at 1January 200821HK(IFRIC)-Int No.TitleIFRIC No.Differences in Transitional ProvisionsDifferences in Effective DatesOther Textual Differences HK(IFRIC)-Int 7Applying the Restatement Approach under HKAS 29Financial Reporting inHyperinflationary Economies IFRIC 7NoNoNoHK(IFRIC)-Int 8Scope of HKFRS 2IFRIC 8No No No HK(IFRIC)-Int 9Reassessment of Embedded Derivatives IFRIC 9No No No HK(IFRIC)-Int 10Interim Financial Reporting and Impairment IFRIC 10No No No HK(IFRIC)-Int 11HKFRS 2–Group and Treasury Share Transactions IFRIC 11No No No HK(IFRIC)-Int 12Service Concession ArrangementsIFRIC 12No No No HK(IFRIC)-Int 13Customer Loyalty ProgrammesIFRIC 13No No No HK(IFRIC)-Int 14HKAS 19—The Limit on a Defined Benefit Asset,Minimum Funding Requirements and their InteractionIFRIC 14NoNoNoas at 1January 200822HK(SIC)-Int No.TitleSIC No.Differences in Transitional Provisions Differences in Effective Dates Other Textual Differences HK(SIC)-Int 10Government Assistance –No Specific Relation to Operating ActivitiesSIC-10NoHKAS-Int 10*(SIC 10)is effective for AP beginning on or after 1January 2005(1August 1998).No HK(SIC)-Int 12Consolidation –Special PurposeEntitiesSIC-12NoHKAS-Int 12*(SIC 12)is effective for AP beginning on or after 1January 2005(1July 1999).No HK(SIC)-Int 13Jointly Controlled Entities –Non-Monetary Contributions by VenturersSIC-13NoHKAS-Int 13*(SIC 13)is effective for AP beginning on or after 1January 2005(1January 1999).Noas at 1January 200823HK(SIC)-Int No.TitleSIC No.Differences in Transitional Provisions Differences in Effective Dates Other Textual Differences HK(SIC)-Int 15Operating Leases –IncentivesSIC-15NoHKAS-Int 15*(SIC 15)is effective for AP beginning on or after 1January 2005(1January 1999).No HK(SIC)-Int 21Income Taxes –Recovery of Revalued Non-Depreciable AssetsSIC-21NoHKAS-Int 21*(SIC 21)is effective for AP beginning on or after 1January 2005(on 15July 2000).No HK(SIC)-Int 25Income Taxes –Changes in the TaxStatus of an Enterprise or its ShareholdersSIC-25NoHKAS-Int 25*(SIC 25)is effective for AP beginning on or after 1January 2005(on 15July 2000).Noas at 1January 200824HK(SIC)-Int No.TitleSIC No.Differences in Transitional Provisions Differences in Effective Dates Other Textual Differences HK(SIC)-Int 27Evaluating the Substance ofTransactions Involving the Legal Form of a LeaseSIC-27NoHKAS-Int 27*(SIC 27)is effective for AP beginning on or after 1January 2005(on 31December 2001).No HK(SIC)-Int 29Service Concession Arrangements:DisclosureSIC-29NoHKAS-Int 29*(SIC 29)is effective for AP beginning on or after 1January 2005(on 31December 2001).No HK(SIC)-Int 31Revenue –Barter TransactionsInvolving Advertising ServicesSIC-31NoHKAS-Int 31*(SIC 31)is effective for AP beginning on or after 1January 2005(on 31December 2001).Noas at 1January 200825HK(SIC)-Int No.TitleSIC No.Differences in Transitional Provisions Differences in Effective Dates Other Textual Differences HK(SIC)-Int 32Intangible Assets –Web Site CostsSIC-32NoHKAS-Int 32*(SIC 32)is effective for AP beginning on or after 1January 2005(on 25March 2002).Noas at 1January 200826HK-Int No.TitleInternational -Int No.Differences in TransitionalProvisionsDifferences in Effective DatesOther Textual Differences HK-Int 1The Appropriate Accounting Policiesfor Infrastructure FacilitiesNo equivalent interpretation under IFRS.N/AN/AN/AHK-Int 3Revenue –Pre-completion Contracts for the Sale of Development Properties No equivalent interpretation under IFRS.N/A N/A N/AHK-Int 4Leases –Determination of the Length of Lease Term in respect of Hong Kong Land Leases No equivalent interpretation under IFRS.N/A N/A N/ANotes*These Hong Kong pronouncements might have additional wording or paragraph(s)specifying that:(i)if an entity decides to early adopt a Standard,the entity is not required to apply all the Standards effective for the same date for that period;(ii)if an entity decides to early adopt a Standard,the entity is required to apply the relevant Interpretation for that period;(iii)early adoption is encouraged;or (iv)the previous version of the Standard is withdrawn.SIC-7Introduction of the Euro is not adopted in Hong KongThe paragraph numbers in HKFRSs generally correspond to the paragraph numbers in IFRSs.。
IAS国际会计准则英文版

IAS国际会计准则英文版IFRS covers a wide range of accounting topics, including the recognition, measurement, presentation, and disclosure of financial information. It provides detailed guidelines on how to account for various assets, liabilities, equity, revenue, expenses, and other financial transactions. Some of the key accounting concepts and principles outlined in IFRS include:1. Fair value measurement: IFRS encourages the use of fair value as the basis for measuring assets and liabilities, where reliable and relevant market prices are available. This ensures that financial statements reflect the current economic value of an entity's assets and liabilities.2. Accrual basis accounting: IFRS requires the recognition of revenues and expenses in the period they are earned or incurred, regardless of when cash is received or paid. This provides a more accurate representation of an entity's financial performance.3. Going concern assumption: IFRS assumes that an entitywill continue its operations in the foreseeable future, unless there is evidence to the contrary. This enables financial statements to reflect the long-term nature of businessactivities and the related financial implications.4. Substance over form principle: IFRS emphasizes the economic substance of a transaction rather than its legal form. This ensures that financial statements reflect the underlying economic reality and prevent manipulation of financial results through artificial structures.However, the implementation of IFRS also poses challenges, particularly for smaller entities and emerging economies. These challenges include the need for additional training and expertise, potential costs associated with system upgrades, changes in accounting policies, and adaptation to new reporting requirements. Nevertheless, the long-term benefits of adopting IFRS are expected to outweigh these challenges, as it promotes global harmonization and convergence of accounting standards.。
会计准则及其国际趋同XXXX9

International Federation of Accountants (IFAC)
二、改组前的IASC与IAS (一)IASC的建立
1.1966年本森发起联合美国和加拿大 成立“会计师国际研究组”。
2.1972年悉尼召开的第十届国际会计师大会上 “会计职业国际协调委员会”。
人数 4人 1人 1人 1人 1人 1人 1人 1人 1人 1人 1人 1人 16人
专业背景 准则制定者 报表编制者 报表使用者 报表审计者 监管者
合计
人数 2人 3人 3人 4人 4人
16人
28
成立IFRS Advisory Council 咨询委员会
职责是向IASB提供有关准则立项及工作轻重 缓急的建议。
Sandra Peters Head of Financial Reporting Policy, CFA Institute United States Term begins July 2012 Ruth Picker Global Leader IFRS Services | Global Professional Practice Ernst & Young Global Limited United Kingdom 30 June 2012 Charlotte Pissaridou Managing Director, Head of Accounting Policy for Europe, Middle East and Africa, Goldman Sachs International United Kingdom 30 June 2014 Laurence Rivat Partner Deloitte & Associés France 30 June 2012 Margaret Smyth Vice President Finance & Chief Financial Officer Hamilton Sundstrand, a United Technologies Company United States 30 June 2014 Scott Taub Managing Director of Financial Reporting Advisors, LLC. United States 30 June 2014 Andrew Vials Partner KPMG LLP United Kingdom 30 June 2013 Kazuo Yuasa General Manager, IFRS Office, Corporate Finance Unit, Fujitsu Limited
德勤国际会计准则口袋版

IAS Plus newsletter
Deloitte’s IFRS e-Learning
Model IFRS financial statements IFRS financial statements 2005: Key considerations for preparers Interim financial reporting: A guide to IAS 34 Comparisons of IFRSs and local GAAP
An IAS Plus guide
Audit Tax Consulting Financial Advisory
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Foreword
Deloitte IFRS publications
You can find links to many Deloitte IFRS-related publications at /dttpubs/pubs.htm. Here are a few: (our IFRS website) Daily news updates on IASB developments as well as summaries of standards and interpretations and reference materials for download. A quarterly newsletter on recent developments in International Financial Reporting Standards and accounting updates for individual countries. Plus special editions. To subscribe, visit our IAS Plus website. e-Learning IFRS training materials, modules for each IAS and IFRS and the Framework, with self-tests, available without charge at Based on IFRSs effective for 2005. Also a presentation and disclosure checklist. Guidance on drafting IFRS financial statements both for first-time adopters and those already applying IFRSs.
hkas30 Disclosures in the Financial Statements of Banks and Similar Financial Institutions

Hong Kong Accounting Standard 30 Disclosures in the Financial Statements of Banks and Similar FinancialInstitutionsContentsHong Kong Accounting Standard 30Disclosures in the Financial Statements of Banks and Similar Financial Institutionsparagraphs SCOPE 1-5 BACKGROUND 6 – 7 ACCOUNTING POLICIES 8 INCOME STATEMENT 9 – 17 BALANCE SHEET 18 – 25 CONCENTRATIONS OF ASSETS, LIABILITIES AND OFF BALANCE SHEET26 – 29 ITEMSMATURITIES OF ASSETS AND LIABILITIES 30 – 39 CONCENTRATIONS OF ASSETS, LIABILITIES AND OFF BALANCE SHEET40 – 42 ITEMSLOSSES ON LOANS AND ADVANCES 43 – 49 GENERAL BANKING RISKS 50 – 52 ASSETS PLEDGED AS SECURITY 53 – 54 TRUST ACTIVITIES 55 RELATED PARTY TRANSACTIONS 56 – 58 EFFECTIVE DATE 59 APPENDIX:Comparison with International Accounting StandardsHong Kong Accounting Standard 30 Disclosures in the Financial Statements of Banks and Similar Financial Institutions (HKAS 30) is set out in paragraphs 1-59. All the paragraphs have equal authority. HKAS 30 shall be read in the context of the Preface to Hong Kong Financial Reporting Standards and the Framework for the Preparation and Presentation of Financial Statements. HKAS 8 Accounting Policies, Changes in Accounting Estimates and Errors provides a basis for selecting and applying accounting policies in the absence of explicit guidance.Hong Kong Accounting Standard 30Disclosures in the Financial Statements of Banks and Similar Financial InstitutionsScope1. This Standard shall be applied in the financial statements of banks and similar financialinstitutions (subsequently referred to as banks).2. For the purposes of this Standard, the term "bank" includes all financial institutions, one ofwhose principal activities is to take deposits and borrow with the objective of lending andinvesting and which are within the scope of banking or similar legislation. The Standard isrelevant to such entities whether or not they have the word "bank" in their name.3. Banks represent a significant and influential sector of business worldwide. Most individuals andorganisations make use of banks, either as depositors or borrowers. Banks play a major role in maintaining confidence in the monetary system through their close relationship with regulatoryauthorities and governments and the regulations imposed on them by those governments.Hence there is considerable and widespread interest in the well-being of banks, and in particular their solvency and liquidity and the relative degree of risk that attaches to the different types of their business. The operations, and thus the accounting and reporting requirements, of banksare different from those of other commercial entities. This Standard recognises their specialneeds. It also encourages the presentation of a commentary on the financial statements which deals with such matters as the management and control of liquidity and risk.4. This Standard supplements other Standards which also apply to banks unless they arespecifically exempted in a Standard.5. This Standard applies to the separate financial statements and the consolidated financialstatements of a bank. Where a group undertakes banking operations, this Standard isapplicable in respect of those operations on a consolidated basis.Background6. The users of the financial statements of a bank need relevant, reliable and comparableinformation which assists them in evaluating the financial position and performance of the bank and which is useful to them in making economic decisions. They also need information whichgives them a better understanding of the special characteristics of the operations of a bank.Users need such information even though a bank is subject to supervision and provides theregulatory authorities with information that is not always available to the public. Thereforedisclosures in the financial statements of a bank need to be sufficiently comprehensive to meet the needs of users, within the constraint of what it is reasonable to require of management.7. The users of the financial statements of a bank are interested in its liquidity and solvency andthe risks related to the assets and liabilities recognised on its balance sheet and to its offbalance sheet items. Liquidity refers to the availability of sufficient funds to meet depositwithdrawals and other financial commitments as they fall due. Solvency refers to the excess of assets over liabilities and, hence, to the adequacy of the bank's capital. A bank is exposed toliquidity risk and to risks arising from currency fluctuations, interest rate movements, changes in market prices and from counterparty failure. These risks may be reflected in the financialstatements, but users obtain a better understanding if management provides a commentary on the financial statements which describes the way it manages and controls the risks associated with the operations of the bank.Accounting Policies8. Banks use differing methods for the recognition and measurement of items in their financialstatements. While harmonisation of these methods is desirable, it is beyond the scope of thisStandard. In order to comply with HKAS 1 Presentation of Financial Statements and therebyenable users to understand the basis on which the financial statements of a bank are prepared, accounting policies dealing with the following items may need to be disclosed:(a) the recognition of the principal types of income (see paragraphs 10 and 11);(b) the valuation of investment and dealing securities (see paragraphs 24 and 25);(c) the distinction between those transactions and other events that result in therecognition of assets and liabilities on the balance sheet and those transactions andother events that only give rise to contingencies and commitments (see paragraphs 26to 29);(d) the basis for the determination of impairment losses on loans and advances and forwriting off uncollectible loans and advances (see paragraphs 43- 49); and(e) the basis for the determination of charges for general banking risks and the accountingtreatment of such charges (see paragraphs 50 to 52).Some of these topics are the subject of existing Standards while others may be dealt with at alater date.Income Statement9. A bank shall present an income statement which groups income and expenses by natureand discloses the amounts of the principal types of income and expenses.10. In addition to the requirements of other Standards, the disclosures in the incomestatement or the notes to the financial statements shall include, but are not limited to, the following items of income and expenses:Interest and similar income;Interest expense and similar charges;Dividend income;Fee and commission income;Fee and commission expense;Gains less losses arising from dealing securities;Gains less losses arising from investment securities;Gains less losses arising from dealing in foreign currencies;Other operating income;Impairment losses on loans and advances;General administrative expenses; andOther operating expenses.11. The principal types of income arising from the operations of a bank include interest, fees forservices, commissions and dealing results. Each type of income is separately disclosed in order that users can assess the performance of a bank. Such disclosures are in addition to those ofthe source of income required by HKAS 14 Segment Reporting.12. The principal types of expenses arising from the operations of a bank include interest,commissions, losses on loans and advances, charges relating to the reduction in the carryingamount of investments and general administrative expenses. Each type of expense isseparately disclosed in order that users can assess the performance of a bank.13. Income and expense items shall not be offset except for those relating to hedges and toassets and liabilities which have been offset in accordance with HKAS 32.14. Offsetting in cases other than those relating to hedges and to assets and liabilities that havebeen offset as described in HKAS 32 prevents users from assessing the performance of theseparate activities of a bank and the return that it obtains on particular classes of assets.15. Gains and losses arising from each of the following are normally reported on a net basis:(a) disposals and changes in the carrying amount of dealing securities;(b) disposals of investment securities; and(c) dealings in foreign currencies.16. Interest income and interest expense are disclosed separately in order to give a betterunderstanding of the composition of, and reasons for changes in, net interest.17. Net interest is a product of both interest rates and the amounts of borrowing and lending. It isdesirable for management to provide a commentary about average interest rates, averageinterest earning assets and average interest-bearing liabilities for the period. In some countries, governments provide assistance to banks by making deposits and other credit facilitiesavailable at interest rates which are substantially below market rates. In these cases,management's commentary often discloses the extent of these deposits and facilities and their effect on net income.Balance Sheet18. A bank shall present a balance sheet that groups assets and liabilities by nature and liststhem in an order that reflects their relative liquidity.19. In addition to the requirements of other Standards, the disclosures in the balance sheetor the notes shall include, but are not limited to, the following assets and liabilities.AssetsCash and balances with the central bank;Treasury bills and other bills eligible for rediscounting with the central bank;Government and other securities held for dealing purposes;Placements with, and loans and advances to, other banks;Other money market placements;Loans and advances to customers; andInvestment securities.LiabilitiesDeposits from other banks;Other money market deposits;Amounts owed to other depositors;Certificates of deposits;Promissory notes and other liabilities evidenced by paper; andOther borrowed funds.20. The most useful approach to the classification of the assets and liabilities of a bank is to groupthem by their nature and list them in the approximate order of their liquidity; this may equatebroadly to their maturities. Current and non-current items are not presented separately because most assets and liabilities of a bank can be realised or settled in the near future.21. The distinction between balances with other banks and those with other parts of the moneymarket and from other depositors is relevant information because it gives an understanding of a bank's relations with, and dependence on, other banks and the money market. Hence, a bankdiscloses separately:(a) balances with the central bank;(b) placements with other banks;(c) other money market placements;(d) deposits from other banks;(e) other money market deposits; and(f) other deposits.22. A bank generally does not know the holders of its certificates of deposit because they areusually traded on an open market. Hence, a bank discloses separately deposits that have been obtained through the issue of its own certificates of deposit or other negotiable paper.23. [Not used]24. A bank shall disclose the fair values of each class of its financial assets and liabilities asrequired by HKAS 32 Financial Instruments: Disclosure and Presentation.25. HKAS 39 provides for four classifications of financial assets: loans and receivables,held-to-maturity investments, financial assets at fair value through profit or loss, andavailable-for-sale financial assets. A bank shall disclose the fair values of its financial assets for these four classifications, as a minimum.Contingencies and Commitments Including Off Balance Sheet Items26. A bank shall disclose the following contingent liabilities and commitments:(a) the nature and amount of commitments to extend credit that are irrevocablebecause they cannot be withdrawn at the discretion of the bank without the riskof incurring significant penalty or expense; and(b) the nature and amount of contingent liabilities and commitments arising from offbalance sheet items including those relating to:(i) direct credit substitutes including general guarantees of indebtedness,bank acceptance guarantees and standby letters of credit serving asfinancial guarantees for loans and securities;(ii) certain transaction-related contingent liabilities including performancebonds, bid bonds, warranties and standby letters of credit related toparticular transactions;(iii) short-term self-liquidating trade-related contingent liabilities arisingfrom the movement of goods, such as documentary credits where theunderlying shipment is used as security; and(iv)[Not used][Not used](v)(vi) other commitments, note issuance facilities and revolving underwritingfacilities.27. HKAS 37 Provisions, Contingent Liabilities and Contingent Assets deals generally withaccounting for, and disclosure of, contingent liabilities. The Standard is of particular relevance to banks because banks often become engaged in many types of contingent liabilities andcommitments, some revocable and others irrevocable, which are frequently significant inamount and substantially larger than those of other commercial entities.28. Many banks also enter into transactions that are presently not recognised as assets or liabilitiesin the balance sheet but which give rise to contingencies and commitments. Such off balancesheet items often represent an important part of the business of a bank and may have asignificant bearing on the level of risk to which the bank is exposed. These items may add to, or reduce, other risks, for example by hedging assets or liabilities on the balance sheet.29. The users of the financial statements need to know about the contingencies and irrevocablecommitments of a bank because of the demands they may put on its liquidity and solvency and the inherent possibility of potential losses. Users also require adequate information about thenature and amount of off balance sheet transactions undertaken by a bank.Maturities of Assets and Liabilities30. A bank shall disclose an analysis of assets and liabilities into relevant maturitygroupings based on the remaining period at the balance sheet date to the contractualmaturity date.31. The matching and controlled mismatching of the maturities and interest rates of assets andliabilities is fundamental to the management of a bank. It is unusual for banks ever to becompletely matched since business transacted is often of uncertain term and of different types.An unmatched position potentially enhances profitability but can also increase the risk of losses.32. The maturities of assets and liabilities and the ability to replace, at an acceptable cost,interest-bearing liabilities as they mature, are important factors in assessing the liquidity of abank and its exposure to changes in interest rates and exchange rates. In order to provideinformation that is relevant for the assessment of its liquidity, a bank discloses, as a minimum,an analysis of assets and liabilities into relevant maturity groupings.33. The maturity groupings applied to individual assets and liabilities differ between banks and intheir appropriateness to particular assets and liabilities. Examples of periods used include thefollowing:(a) up to 1 month;(b) from 1 month to 3 months;(c) from 3 months to 1 year;(d) from 1 year to 5 years; and(e) from 5 years and over.Frequently the periods are combined, for example, in the case of loans and advances, bygrouping those under one year and those over one year. When repayment is spread over aperiod of time, each instalment is allocated to the period in which it is contractually agreed orexpected to be paid or received.34. It is essential that the maturity periods adopted by a bank are the same for assets and liabilities.This makes clear the extent to which the maturities are matched and the consequentdependence of the bank on other sources of liquidity.35. Maturities could be expressed in terms of:(a) the remaining period to the repayment date;(b) the original period to the repayment date; or(c) the remaining period to the next date at which interest rates may be changed.The analysis of assets and liabilities by their remaining periods to the repayment dates provides the best basis to evaluate the liquidity of a bank. A bank may also disclose repayment maturities based on the original period to the repayment date in order to provide information about itsfunding and business strategy. In addition, a bank may disclose maturity groupings based onthe remaining period to the next date at which interest rates may be changed in order todemonstrate its exposure to interest rate risks. Management may also provide, in itscommentary on the financial statements, information about interest rate exposure and about the way it manages and controls such exposures.36. In many countries, deposits made with a bank may be withdrawn on demand and advancesgiven by a bank may be repayable on demand. However, in practice, these deposits andadvances are often maintained for long periods without withdrawal or repayment; hence, theeffective date of repayment is later than the contractual date. Nevertheless, a bank discloses an analysis expressed in terms of contractual maturities even though the contractual repaymentperiod is often not the effective period because contractual dates reflect the liquidity risksattaching to the bank's assets and liabilities.37. Some assets of a bank do not have a contractual maturity date. The period in which theseassets are assumed to mature is usually taken as the expected date on which the assets will be realised.38. The users' evaluation of the liquidity of a bank from its disclosure of maturity groupings is madein the context of local banking practices, including the availability of funds to banks. In somecountries, short-term funds are available, in the normal course of business, from the moneymarket or, in an emergency, from the central bank. In other countries, this is not the case.39. In order to provide users with a full understanding of the maturity groupings, the disclosures inthe financial statements may need to be supplemented by information as to the likelihood ofrepayment within the remaining period. Hence, management may provide, in its commentary on the financial statements, information about the effective periods and about the way it manages and controls the risks and exposures associated with different maturity and interest rate profiles. Concentrations of Assets, Liabilities and Off Balance Sheet Items40. A bank shall disclose any significant concentrations of its assets, liabilities and offbalance sheet items. Such disclosures shall be made in terms of geographical areas,customer or industry groups or other concentrations of risk. A bank shall also disclosethe amount of significant net foreign currency exposures.41. A bank discloses significant concentrations in the distribution of its assets and in the source ofits liabilities because it is a useful indication of the potential risks inherent in the realisation of the assets and the funds available to the bank. Such disclosures are made in terms of geographical areas, customer or industry groups or other concentrations of risk which are appropriate in the circumstances of the bank. A similar analysis and explanation of off balance sheet items is also important. Geographical areas may comprise individual countries, groups of countries orregions within a country; customer disclosures may deal with sectors such as governments,public authorities, and commercial and business entities. Such disclosures are made in addition to any segment information required by HKAS 14 Segment Reporting.42. The disclosure of significant net foreign currency exposures is also a useful indication of the riskof losses arising from changes in exchange rates.Losses on Loans and Advances43. A bank shall disclose the following:(a) the accounting policy that describes the basis on which uncollectible loans andadvances are recognised as an expense and written off.(b) details of the movements in any allowance for impairment losses on loans andadvances during the period. It shall disclose separately the amount recognisedas an expense in the period for impairment losses on uncollectible loans andadvances, the amount charged in the period for loans and advances written offand the amount credited in the period for loans and advances previously writtenoff that have been recovered.(c) the aggregate amount of any allowance account for impairment losses on loansand advances at the balance sheet date.44. Any amounts set aside in respect of losses on loans and advances in addition toimpairment losses recognised under HKAS 39 on loans and advances shall beaccounted for as appropriations of retained earnings. Any credits resulting from thereduction of such amounts result in an increase in retained earnings and are notincluded in the determination of profit or loss for the period.45. [Not used].46. Local circumstances or legislation may require or allow a bank to set aside amounts forimpairment losses on loans and advances in addition to those losses that have been recognised under HKAS 39. Any such amounts set aside represent appropriations of retained earnings and not expenses in determining profit or loss. Similarly, any credits resulting from the reduction ofsuch amounts result in an increase in retained earnings and are not included in thedetermination of profit or loss.47. Users of the financial statements of a bank need to know the impact that impairment losses onloans and advances have had on the financial position and performance of the bank; this helps them judge the effectiveness with which the bank has employed its resources. Therefore a bank discloses the aggregate amount of any allowance account for impairment losses on loans andadvances at the balance sheet date and the movements in the allowance account during theperiod. The movements in the allowance account, including the amounts previously written offthat have been recovered during the period, are shown separately.48. [Not used].49. When loans and advances cannot be recovered, they are written off and charged against anyallowance account for impairment losses. In some cases, they are not written off until all thenecessary legal procedures have been completed and the amount of the impairment loss isfinally determined. In other cases, they are written off earlier, for example when the borrowerhas not paid any interest or repaid any principal that was due in a specified period. As the time at which uncollectible loans and advances are written off differs, the gross amount of loans and advances and of the allowance account for impairment losses may vary considerably in similar circumstances. As a result, a bank discloses its policy for writing off uncollectible loans andadvances.General Banking Risks50. Any amounts set aside for general banking risks, including future losses and otherunforeseeable risks or contingencies shall be separately disclosed as appropriations of retained earnings. Any credits resulting from the reduction of such amounts result in an increase in retained earnings and shall not be included in the determination of profit or loss for the period.51. Local circumstances or legislation may require or allow a bank to set aside amounts for generalbanking risks, including future losses or other unforeseeable risks, in addition to the charges for losses on loans and advances determined in accordance with paragraph 45. A bank may alsobe required or allowed to set aside amounts for contingencies. Such amounts for generalbanking risks and contingencies do not qualify for recognition as provisions under HKAS 37Provisions, Contingent Liabilities and Contingent Assets. Therefore, a bank recognises suchamounts as appropriations of retained earnings. This is necessary to avoid the overstatement of liabilities, understatement of assets, undisclosed accruals and provisions and the opportunity to distort net income and equity.52. The income statement cannot present relevant and reliable information about the performanceof a bank if profit or loss for the period includes the effects of undisclosed amounts set asidefor general banking risks or additional contingencies, or undisclosed credits resulting from thereversal of such amounts. Similarly, the balance sheet cannot provide relevant and reliableinformation about the financial position of a bank if the balance sheet includes overstatedliabilities, understated assets or undisclosed accruals and provisions.Assets Pledged as Security53. A bank shall disclose the aggregate amount of secured liabilities and the nature andcarrying amount of the assets pledged as security.54. In some countries, banks are required, either by law or national custom, to pledge assets assecurity to support certain deposits and other liabilities. The amounts involved are oftensubstantial and so may have a significant impact on the assessment of the financial position of a bank.Trust Activities55. Banks commonly act as trustees and in other fiduciary capacities that result in the holding orplacing of assets on behalf of individuals, trusts, retirement benefit plans and other institutions.Provided the trustee or similar relationship is legally supported, these assets are not assets ofthe bank and, therefore, are not included in its balance sheet. If the bank is engaged insignificant trust activities, disclosure of that fact and an indication of the extent of those activities is made in its financial statements because of the potential liability if it fails in its fiduciary duties.For this purpose, trust activities do not encompass safe custody functions.Related Party Transactions56. HKAS 24 Related Party Disclosures deals generally with the disclosures of related partyrelationships and transactions between a reporting entity and its related parties. In somecountries, the law or regulatory authorities prevent or restrict banks entering into transactionswith related parties whereas in others such transactions are permitted. HKAS 24 is of particular relevance in the presentation of the financial statements of a bank in a country that permits such transactions.57. Certain transactions between related parties may be effected on different terms from those withunrelated parties. For example, a bank may advance a larger sum or charge lower interest rates to a related party than it would in otherwise identical circumstances to an unrelated party;advances or deposits may be moved between related parties more quickly and with lessformality than is possible when unrelated parties are involved. Even when related partytransactions arise in the ordinary course of a bank's business, information about suchtransactions is relevant to the needs of users and its disclosure is required by HKAS 24.58. When a bank has entered into transactions with related parties, it is appropriate to disclose thenature of the related party relationship as well as information about the transactions andoutstanding balances necessary for an understanding of the potential effects of the relationships on the financial statements of the bank. The disclosures are made in accordance with HKAS 24 and include disclosures relating to a bank’s policy for lending to related parties and, in respect of related party transactions, the amount included in:(a) each of loans and advances, deposits and acceptances and promissory notes;disclosures may include the aggregate amounts outstanding at the beginning and endof the period, as well as advances, deposits, repayments and other changes during theperiod;(b) each of the principal types of income, interest expense and commissions paid;(c) the amount of the expense recognised in the period for impairment losses on loansand advances and the amount of any allowance at the balance sheet date; and(d) irrevocable commitments and contingencies and commitments arising from off balancesheet items.Effective Date59. This Hong Kong Accounting Standard becomes operative for the financial statements ofbanks covering periods beginning on or after 1 January 2005. Earlier application isencouraged.。
美国及国际会计准则一览表

存货:①IAS 2:Inventories②FAS 151: Inventory Costs- an Amendment of APB No.43,Chapter 4长期股权投资:IAS 28: Investments in Associates金融资产:①IAS 32: Financial Instruments: Disclosure and PresentationIAS 39: Financial Instruments: Recognition and Measurement②IFRS 7: Financial Instruments: DisclosuresIFRS 9:Financial Instruments③FAS 12:Accounting for Certain Marketable SecuritiesFAS 107: Disclosures about Fair Value of Financial InstrumentsFAS 119: Disclosures about Derivative Financial Instruments and Fair Value ofFinancial InstrumentsFAS 125: Accounting for Transfers and Servicing of Financial Assets andExtinguishments of LiabilitiesFAS 126:Exemption from Certain Required Disclosures about Financial Instruments for Certain Nonpublic Entities(an Amendment of FASBStatement No.107)FAS 127 : Deferral of the Effective Date of Certain Provisions of FASB Statement No.125(an Amendment of FASB Statement No.125)FAS 133 : Accounting for Derivative Instruments and Hedging ActivitiesFAS 137 : Accounting for Derivative Instruments and Hedging Activities- Deferral of the Effective Date of Certain Provisions of FASB StatementNo.133(an Amendment of FASB Statement No.133)FAS 138 : Accounting for Certain Derivative Instruments and Certain Hedging Activities(an Amendment of FASB Statement No.133)FAS 140: Accounting for Transfers and Servicing of Financial Assets andExtinguishments of Liabilities(a Replacement of FASB StatementNo.125)FAS 149: Amendment of Statement 133 On Derivative Instruments and HedgingActivitiesFAS 150: Accounting for Certain Financial Instruments with Characteristics ofboth Liabilities and EquityFAS 155: Accounting for Certain Hybrid Financial Instruments- an Amendmentof FASB Statement No.133 and 140FAS 159:The Fair Value Option for Financial Assets and FinancialLiabilities-including an Amendment of FASB Statement No.115 FAS 161: Disclosures about Derivative Financial Instruments and HedgingActivities- an Amendment of FASB Statement No.133FAS 166: Accounting for Transfers of Financial Assets- an Amendment of FASBStatement No.140固定资产:IAS 16: Property, Plant and Equipment无形资产:①IAS 38: Intangible Assets②FAS 2 : Accounting for Research and Development CostsFAS 44: Accounting for Intangible Assets of Motor Carriers(an Amendment of chapter 5 of ARB No.43 and An Interpretation of APB Opinions No.17 and30)FAS 142:Goodwill and Other Intangible Assets负债:FAS 47:Disclosure of Long-Term ObligationsFAS 65:Accounting for Certain Mortgage Banking ActivitiesFAS 76:Extinguishment of Debt(an Amendment of APB Opinion No.26)收入:①IAS 18: Revenue②FAS 45 :Accounting for Franchise Fee RevenueFAS 48 : Revenue Recognition When Right of Return Exists资产减值:①IAS 36: Impairment of Assets②FAS 121 : Accounting for the Impairment of Long-Lived Assets and forLong-Lived Assets to Be Disposed OfFAS 144 : Accounting for the Impairment or Disposal of Long-Lived Assets租赁:①IAS 17: Leases②FAS 13 :Accounting for LeasesFAS 17 :Accounting for Leases-Initial Direct Costs(an Amendment of FASB Statement No.13)FAS 22 :Changes in the Provisions of Lease Agreements Resulting from Refundings of Tax-Extemp Debt(an Amendment of FASB Statement No.13)FAS 23 :Inception of the Lease(an Amendment of FASB Statement No.13)FAS 26 :Profit Recognition on Sales-Type Leases of Real Estate(an Amendment of FASB Statement No.13)FAS 27 :Classification of Renewals or Extensions of Existing Sales-Type or Direct Financing Leases(an Amendment of FASB Statement No.13)FAS 28 :Accounting for Sales with Leasebacks(an Amendment of FASB Statement No.13)FAS 29 : Determining Contingent Rentals(an Amendment of FASB Statement No.13)非货币性资产交换:FAS 153 :Exchanges of Nonmentary Assets- an Amendment of APB Opinion No.29或有事项:①IAS 37: Provisions, Contingent Liabilities and Contingent Assets②FAS 5 :Accounting for ContingenciesFAS 11:Accounting for Contingencies-Transition Method(an Amendment of FASB Statement No.5)政府补助:IAS 20: Accounting for Government Grants and Disclosure of Government Assistance 财务报表:①IAS 1:Presentation of Financial StatementsIAS 7:Cash Flow Statements IAS 27: Consolidated Financial StatementsIAS 30: Disclosures in the Financial Statements of Banks and Similar Financial InstitutionsIAS 31: Financial Reporting of Interests in Joint VenturesIAS 34, Interim Financial Reporting②IFRS 10:Consolidated Financial Statements③FAS 14 : Financial Reporting for Segments of a Business EnterpriseFAS 18 : Financial Reporting for Segments of a Business Enterprise(an Amendment of FASB Statement No.14)FAS 50 : Financial Reporting in the Record and Music IndustryFAS 51 : Financial Reporting by Cable Television CompaniesFAS 63 : Financial Reporting by BroadcastersFAS 95:Statement of Cash FlowsFAS 102: Statement of Cash Flows-Exemption of Certain Enterprises and Classification of Cash Flows from Certain Securities Acquired for Resale(anAmendment of FASB Statement No.95)FAS 104: Statement of Cash Flows-Net Reporting of Certain Cash Payments and Classification of Cash Flows from Hedging Transactions(an Amendment ofFASB Statement No.95)FAS 117: Financial Statement of Not-for-Profit Organizations企业合并:①IAS 22: Business Combinations②IFRS 3:Business Combinations③FAS 141: Business Combinations借款费用:①IAS 23: Borrowing Costs②FAS 34:Captalization of Interest CostFAS 42:Determing Materiality for Capitalization of Interest Cost(an Amendment of FASB Statement No.34)所得税:①IAS 12: Income Taxes②FAS 9:Accounting for Income Taxes-Oil and Gas Producing Companies(anAmendment of APB Opinion No.16)FAS 96: Accounting for Income TaxesFAS 100: Accounting for Income Taxes-Deferral of the Effective Date of FASB Statement No.96(an Amendment of FASB Statement No.96)FAS 103: Accounting for Income Taxes-Deferral of the Effective Date of FASB Statement No.96(an Amendment of FASB Statement No.96)FAS 108: Accounting for Income Taxes-Deferral of the Effective Date of FASB Statement No.96(an Amendment of FASB Statement No.96)FAS 109: Accounting for Income Taxes前期调整:FAS 16:Prior Period Adjustments收入、损失、会计政策变更和差错更正:①IAS 8:Net Profit or Loss for the Period, FundamentalErrors and Changes in Accounting Policies②FAS 154: Accounting Changes and ErrorCorrections-(a Replacement of APBOpinion No.20 and FASB StatementNo.3 )资产负债表日后事项:①IAS 10: Events After the Balance Sheet Date②FAS 165:Subsequent Events。
IAS与CAS1号的比较

IAS一共有41条:IAS 1 Presentation of Financial StatementsIAS 2 InventoriesIAS 3 Consolidated Financial StatementsIAS 4 Depreciation AccountingIAS 5 Information to Be Disclosed in Financial StatementsIAS 6 Accounting Responses to Changing PricesIAS 7 Statement of Cash FlowsIAS 8 Accounting Policies, Changes in Accounting Estimates and ErrorsIAS 9 Accounting for Research and Development Activities – Superseded by IAS 38 effective 1.7.99IAS 10 Events After the Reporting PeriodIAS 11 Construction ContractsIAS 12 Income TaxesIAS 13 Presentation of Current Assets and Current LiabilitiesIAS 14 Segment ReportingIAS 15 Information Reflecting the Effects of Changing PricesIAS 16 Property, Plant and EquipmentIAS 17 LeasesIAS 18 RevenueIAS 19 Employee BenefitsIAS 20 Accounting for Government Grants and Disclosure of Government Assistance IAS 21 The Effects of Changes in Foreign Exchange RatesIAS 22 Business Combinations – Superseded by IFRS 3 effective 31 March 2004IAS 23 Borrowing CostsIAS 24 Related Party DisclosuresIAS 25 Accounting for Investments – Superseded by IAS 39 and IAS 40 effective 2001IAS 26 Accounting and Reporting by Retirement Benefit PlansIAS 27 Consolidated and Separate Financial StatementsIAS 28 Investments in AssociatesIAS 29 Financial Reporting in Hyperinflationary EconomiesIAS 30 Disclosures in the Financial Statements of Banks and Similar Financial Institutions – Superseded by IFRS 7 effective 2007IAS 31 Interests In Joint VenturesIAS 32 Financial Instruments: Presentation – Disclosure provisions superseded by IFRS 7 effective 2007IAS 33 Earnings Per ShareIAS 34 Interim Financial ReportingIAS 35 Discontinuing Operations – Superseded by IFRS 5 effective 2005IAS 36 Impairment of AssetsIAS 37 Provisions, Contingent Liabilities and Contingent AssetsIAS 38 Intangible AssetsIAS 39 Financial Instruments: Recognition and MeasurementIAS 40 Investment PropertyIAS 41 Agriculture关于《企业会计准则解释第1号》的点评【摘要】2007年年未,我国财政部制定、发布了《企业会计准则解释第1号》。
国际会计准则ias中文版

国际会计准则2003年9月19日国际会计准则(IAS)目录Framework for the Preparation and Presentation of Financial Statements (3)Preface ...................................................................... .............................................................................. . (24)Procedure and Objective of IASB ......................................................................... (27)IAS 1: Presentation of Financial Statements.................................................................... (33)IAS 2: Inventories................................................................... .............................................................................. .55IAS 7: Cash Flow Statements ................................................................... (62)IAS 8: Net Profit or Loss for the Period, Fundamental Errors and Changes in Accounting Policies (73)IAS 10: Events After the Balance Sheet Date.......................................................................... (82)IAS 11: Construction Contracts .................................................................... .. (93)IAS 12: Income Taxes ........................................................................ (101)IAS 14: Segment Reporting .................................................................... (134)IAS 15: Information Reflecting the Effects of Changing Prices (1)50IAS 16: Property, Plant and Equipment..................................................................... . (155)IAS 17: Leases........................................................................ (169)IAS 18: Revenue ...................................................................... . (18)IAS 19: Employee Benefits...................................................................... (188)IAS 20: Accounting for Government Grants and Disclosure of Government Assistance (227)IAS 21: The Effects of Changes in Foreign Exchange Rates ........................................................................ . (233)IAS 22: Business Combinations.................................................................. .. (244)IAS 23: Borrowing Costs ........................................................................ (270)IAS 24: Related Party Disclosures .................................................................. . (275)IAS 26: Accounting and Reporting by Retirement Benefit Plans (280)IAS 27: Consolidated Financial Statements ................................................................... (288)IAS 28: Investments in Associates ................................................................... . (294)IAS 29: Financial Reporting in Hyperinflationary Economies .................................................................... . (301)IAS 30: Disclosures in the Financial Statements of Banks and Similar Financial Institutions (308)IAS 31: Financial Reporting of Interests in Joint Ventures ..................................................................... (319)IAS 32: Financial Instruments: Disclosure and Presentation.................................................................. (328)IAS 33: Earnings per Share ........................................................................ .. (351)IAS 34: Interim Financial Reporting..................................................................... (365)IAS 35: Discontinuing Operations ................................................................... (376)IAS 36: Impairment of Assets........................................................................ .. (385)IAS 37: Provisions, Contingent Liabilities and Contingent Assets (410)IAS 38: Intangible Assets ....................................................................... . (426)IAS 39: Financial Instruments: Recognition and Measurement................................................................... (452)IAS 40: InvestmentProperty...................................................................... .. (504)IAS 41: Agriculture .................................................................. (520)Framework for the Preparation and Presentation of Financial StatementsFramework for the Preparation and Presentation of Financial Statements架The IASB Framework is a conceptual accounting framework that sets out the concepts that underlie thepreparation and presentation of financial statements for external users. It was approved in 1989. The IASBFramework assists the IASB:.in the development of future International Accounting Standards and in its review of existingInternational Accounting Standards; and.in promoting the harmonisation of regulations, accounting standards and procedures relating to thepresentation of financial statements by providing a basis for reducing the number of alternativeaccounting treatments permitted by International Accounting Standards.In addition, the Framework may assist:.preparers of financial statements in applying International Accounting Standards and in dealing withtopics that have yet to form the subject of an International Accounting Standard;.auditors in forming an opinion as to whether financial statements conform with InternationalAccounting Standards;.users of financial statements in interpreting the information contained in financial statements preparedin conformity with International Accounting Standards; and.those who are interested in the work of IASB, providing them with information about its approach to theformulation of accounting standards.The Framework is not an International Accounting Standard and does not define standards for any particularmeasurement or disclosure issue.In a limited number of cases there may be a conflict between the Framework and a requirement within anInternational Accounting Standard. In those cases where there is a conflict, the requirements of the InternationalAccounting Standard prevail over those of the Framework.世界上许多企业都编制并且向外部使用者呈报财务报表。
IFRS中文翻译版本

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國外營運機構淨投資之避險
Distributions of Non-cash Assets to Owners
分配非現金資產予業主
Transfers of Assets from Customers
IFRIC 18
客戶資產之轉入 註:2009年1月發布 2009年7月1日生效
Extinguishing Financial Liabilities with Equity Instruments
所得稅
Property, Plant and Equipment
IAS 16
不動產、廠房及設備
Leases
IAS 17
租賃
Revenue
IAS 18
收入
Employee Benefits
IAS 19
員工福利
Accounting for Government Grants and Disclosure of Government Assistance
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34 IAS_32

International Financial ReportingStandards (IFRSs ™) 2004including International Accounting Standards (IASs ™) and Interpretations asat 31 March 2004The IASB, the IASCF, the authors and the publishers do not accept responsibility for loss caused to any person who acts or refrains from acting in reliance on the material in this publication, whether such loss is caused by negligence or otherwise.Copyright © 2004 International Accounting Standards Committee Foundation (IASCF). International Financial Reporting Standards, International Accounting Standards,Interpretations, Exposure Drafts, and other IASB publications are copyright of the International Accounting Standards Committee Foundation (IASCF). The approved text of International Financial Reporting Standards, International Accounting Standards and Interpretations is that published by the IASB in the English language and copies may be obtained from IASB. Please address publications and copyright matters to:IASCF Publications Department, 30 Cannon Street, London EC4M 6XH, United Kingdom.Telephone:+44 (0)20 7332 2730Fax: +44 (0)20 7332 7249Email:publications@ Internet:All rights reserved. No part of this publication may be translated, reprinted or reproduced or utilised in any form either in whole or in part or by any electronic, mechanical or other means, now known or hereafter invented, including photocopying and recording, or in any information storage and retrieval system, without prior permission in writing from thee IFRS”, “IAS”, “IASB”, “IASC”, “IASCF”, “IASs”,“IFRIC”, “IFRS”, “IFRSs”, “International Accounting Standards”, “International Financial Reporting Standards” and “SIC” are Trade Marks of the International Accounting Standards Committee Foundation.IASCFDigitally signed by IASCFDN: CN = IASCF, C = GB, O = IASC FoundationReason: I attest to the accuracy and integrity of this documentLocation: London, United Kingdom Date: 2004.06.03 16:12:13 +01'00'International Accounting Standard32Financial Instruments: Disclosure and Presentation This version includes amendments resulting from new and amended IFRSs issued up to 31March 2004.The section “Changes in this Edition” at the front of this volume provides the application dates of these new and amended IFRSs and also identifies those current IFRSs that are not included in this volume.IAS 32Contentsparagraphs INTRODUCTION IN1-IN21 Reasons for Revising IAS32IN1-IN3 The Main Changes IN4-IN19 Withdrawal of Other Pronouncements IN20International Accounting Standard 32Financial Instruments: Disclosure and PresentationOBJECTIVE1-3 SCOPE4-10 DEFINITIONS 11-14 PRESENTATION15-50 Liabilities and Equity15-27 No Contractual Obligation to Deliver Cash or Another Financial Asset 17-20 Settlement in the Entity’s Own Equity Instruments21-24 Contingent Settlement Provisions25 Settlement Options26-27 Compound Financial Instruments 28-32 Treasury Shares 33-34 Interest, Dividends, Losses and Gains 35-41 Offsetting a Financial Asset and a Financial Liability42-50 DISCLOSURE51-59 Format, Location and Classes of Financial Instruments53-55 Risk Management Policies and Hedging Activities56-59 Terms, Conditions and Accounting Policies60-66 Interest Rate Risk 67-75 Credit Risk 76-85 Fair Value86-93 Other Disclosures94-95 EFFECTIVE DATE96-97 WITHDRAWAL OF OTHER PRONOUNCEMENTS98-100 APPENDIX: APPLICATION GUIDANCEDefinitions AG3-AG24 Financial Assets and Financial Liabilities AG3-AG12continued... 1190© IASCFIAS 32Equity Instruments AG13-AG14 Derivative Financial Instruments AG15-AG19 Contracts to Buy or Sell Non-Financial Items AG20-AG24 Presentation AG25-AG39 Liabilities and Equity AG25-AG29 No Contractual Obligation to Deliver Cash or Another Financial Asset AG25-AG26 Settlement in the Entity’s Own Equity Instruments AG27 Contingent Settlement Provisions AG28 Treatment in Consolidated Financial Statements AG29 Compound Financial Instruments AG30-AG35 Treasury Shares AG36 Interest, Dividends, Losses and Gains AG37 Offsetting a Financial Asset and a Financial Liability AG38-AG39 Disclosure AG40 Financial Assets and Financial Liabilities at Fair Value ThroughProfit or Loss AG40 Approval of IAS32 by the BoardBasis for ConclusionsDEFINITIONS BC4 Financial Asset, Financial Liability and Equity Instrument BC4 PRESENTATION BC5-BC33 Liabilities and Equity BC5-BC6 No Contractual Obligation to Deliver Cash or Another Financial Asset BC7-BC21 Puttable Instruments BC7-BC8 Implicit Obligations BC9 Settlement in the Entity’s Own Equity Instruments BC10-BC15 Contingent Settlement Provisions BC16-BC19 Settlement Options BC20 Alternative Approaches Considered BC21 Compound Financial Instruments BC22-BC31 Treasury Shares BC32 Interest, Dividends, Losses and Gains BC33 DISCLOSURE BC34-BC48 Interest Rate Risk and Credit Risk BC34continued...© IASCF1191IAS 32Fair Value BC35-BC36 Financial Assets Carried at an Amount in Excess of Fair Value BC37 Other Disclosures BC38-BC48 Derecognition BC38 Multiple Embedded Derivative Features BC39-BC42 Financial Assets and Financial Liabilities at Fair Value Through Profitor Loss BC43-BC47 Defaults and Breaches BC48 SUMMARY OF CHANGES FROM THE EXPOSURE DRAFT BC49Dissenting Opinion DO1-DO3 Illustrative ExamplesACCOUNTING FOR CONTRACTS ON EQUITY INSTRUMENTSOF AN ENTITY IE1-IE31 Example 1: Forward to buy shares IE2-IE6 Example 2: Forward to sell shares IE7-IE11 Example 3: Purchased call option on shares IE12-IE16 Example 4: Written call option on shares IE17-IE21 Example 5: Purchased put option on shares IE22-IE26 Example 6: Written put option on shares IE27-IE31 ENTITIES SUCH AS MUTUAL FUNDS AND CO-OPERATIVESWHOSE SHARE CAPITAL IS NOT EQUITY AS DEFINED IN IAS32IE32-IE33 Example 7: Entities with no equity IE32 Example 8: Entities with some equity IE33 ACCOUNTING FOR COMPOUND FINANCIAL INSTRUMENTS IE34-IE50 Example 9: Separation of a compound financial instrument on initialrecognition IE34-IE36 Example 10: Separation of a compound financial instrument withmultiple embedded derivative features IE37-IE38 Example 11: Repurchase of a convertible instrument IE39-IE46 Example 12: Amendment of the terms of a convertible instrument toinduce early conversion IE47-IE50 Table of Concordance1192© IASCFIAS 32 International Accounting Standard 32 Financial Instruments: Disclosure and Presentation (IAS32) is set out in paragraphs1-100 and the Appendix. All the paragraphs have equal authority but retain the IASC format of the Standard when it was adopted by the IASB. IAS32 should be read in the context of its objective and the Basis for Conclusions, the Preface to International Financial Reporting Standards and the Framework for the Preparation and Presentation of Financial Statements. IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors provides a basis for selecting and applying accounting policies in the absence of explicit guidance.© IASCF1193IAS 32IntroductionReasons for Revising IAS32IN1.International Accounting Standard 32 Financial Instruments: Disclosure and Presentation (IAS32) replaces IAS32 Financial Instruments: Disclosure and Presentation (revised in 2000), and should be applied for annual periods beginning on or after 1 January 2005. Earlier application is permitted. The Standard also replaces the following Interpretations and draft Interpretation:•SIC-5 Classification of Financial Instruments—Contingent Settlement Provisions;•SIC-16 Share Capital—Reacquired Own Equity Instruments (Treasury Shares);•SIC-17 Equity—Costs of an Equity Transaction; and•draft SIC-D34Financial Instruments—Instruments or Rights Redeemable by the Holder.IN2.The International Accounting Standards Board developed this revised IAS32 as part of its project to improve IAS32 and IAS39 Financial Instruments: Recognition and Measurement. The objective of the project was to reduce complexity by clarifying and adding guidance, eliminating internal inconsistencies and incorporating into the Standards elements of Standing Interpretations Committee (SIC) Interpretations and IAS 39 implementation guidance published by the Implementation Guidance Committee (IGC).IN3.For IAS32, the Board’s main objective was a limited revision to provide additional guidance on selected matters—such as the measurement of the components of a compound financial instrument on initial recognition, and the classification of derivatives based on an entity’s own shares—and to locate all disclosures relating to financial instruments in one Standard. The Board did not reconsider the fundamental approach to the presentation and disclosure of financial instruments contained in IAS32.The Main ChangesIN4.The main changes from the previous version of IAS32 are described below. ScopeIN5.The scope of IAS32 has, where appropriate, been conformed to the scope of IAS39.PrincipleIN6.In summary, when an issuer determines whether a financial instrument is a financial liability or an equity instrument, the instrument is an equity instrument if, and only if, both conditions (a) and (b) are met.1194© IASCFIAS 32(a)The instrument includes no contractual obligation:(i)to deliver cash or another financial asset to another entity; or(ii)to exchange financial assets or financial liabilities with another entity under conditions that are potentially unfavourable to the issuer.(b)If the instrument will or may be settled in the issuer’s own equity instruments,it is:(i) a non-derivative that includes no contractual obligation for the issuer todeliver a variable number of its own equity instruments; or(ii) a derivative that will be settled by the issuer exchanging a fixed amount of cash or another financial asset for a fixed number of its own equityinstruments. For this purpose, the issuer’s own equity instruments do notinclude instruments that are themselves contracts for the future receipt ordelivery of the issuer’s own equity instruments.IN7.In addition, when an issuer has an obligation to purchase its own shares for cash or another financial asset, there is a liability for the amount that the issuer is obliged to pay. IN8.The definitions of a financial asset and a financial liability, and the description of an equity instrument, are amended consistently with this principle.Classification of Contracts Settled in an Entity’s Own Equity InstrumentsIN9.The classification of derivative and non-derivative contracts indexed to, or settled in, an entity’s own equity instruments has been clarified consistently with the principle in paragraph IN6 above. In particular, when an entity uses its own equity instruments ‘as currency’ in a contract to receive or deliver a variable number of shares whose value equals a fixed amount or an amount based on changes in an underlying variable (eg a commodity price), the contract is not an equity instrument, but is a financial asset or a financial liability.Puttable InstrumentsIN10.IAS32 incorporates the guidance previously proposed in draft SIC Interpretation 34 Financial Instruments—Instruments or Rights Redeemable by the Holder.Consequently, a financial instrument that gives the holder the right to put the instrument back to the issuer for cash or another financial asset (a ‘puttable instrument’) is a financial liability of the issuer. In response to comments received on the Exposure Draft, the Standard provides additional guidance and illustrative examples for entities that, because of this requirement, have no equity or whose share capital is not equity as defined in IAS32.Contingent Settlement ProvisionsIN11.IAS32 incorporates the conclusion previously in SIC-5 Classification of Financial Instruments—Contingent Settlement Provisions that a financial instrument is a financial liability when the manner of settlement depends on the occurrence or non-occurrence of uncertain future events or on the outcome of uncertain circumstances that are beyond the control of both the issuer and the holder.Contingent settlement provisions are ignored when they apply only in the event of liquidation of the issuer or are not genuine.© IASCF1195IAS 32Settlement OptionsIN12.Under IAS32, a derivative financial instrument is a financial asset or a financial liability when it gives one of the parties to it a choice of how it is settled unless all of the settlement alternatives would result in it being an equity instrument. Measurement of the Components of a Compound Financial Instrument on Initial RecognitionIN13.The revisions eliminate the option previously in IAS32 to measure the liability component of a compound financial instrument on initial recognition either as a residual amount after separating the equity component, or by using a relative-fair-value method. Thus, any asset and liability components are separated first and the residual is the amount of any equity component. These requirements for separating the liability and equity components of a compound financial instrument are conformed to both the definition of an equity instrument as a residual and the measurement requirements in IAS39.Treasury SharesIN14.IAS32 incorporates the conclusion previously in SIC-16 Share Capital—Reacquired Own Equity Instruments (Treasury Shares) that the acquisition or subsequent resale by an entity of its own equity instruments does not result in a gain or loss for the entity. Rather it represents a transfer between those holders of equity instruments who have given up their equity interest and those who continue to hold an equity instrument.Interest, Dividends, Losses and GainsIN15.IAS32 incorporates the guidance previously in SIC-17 Equity—Costs of an Equity Transaction. Transaction costs incurred as a necessary part of completing an equity transaction are accounted for as part of that transaction and are deducted from equity.DisclosureIN16.The limited exemption in IAS32 from the requirement to disclose fair value of financial assets and financial liabilities has been conformed to the exemption in IAS39 from the requirement to measure at fair value some investments in unquoted equity instruments and derivatives linked to such equity instruments.IN17.Disclosure requirements have been added for the following:(a)information about the use of valuation techniques, including the sensitivities offair value estimates to significant valuation assumptions;(b)information about assets retained in transactions that do not qualify forderecognition in their entirety;(c)the carrying amounts of financial assets and financial liabilities that areclassified as held for trading and those designated by the entity upon initialrecognition as financial assets and financial liabilities at fair value throughprofit or loss;1196© IASCFIAS 32(d)the amount of the change in fair value of a financial liability designated as atfair value through profit or loss that is not attributable to changes in abenchmark interest rate;(e)the existence of, and specified information about, issued compound financialinstruments with multiple embedded derivative features that haveinterdependent values; and(f)information about any defaults by the entity on loans payable and otherbreaches of loan agreements.IN18.The requirement to disclose separate information about financial assets carried at an amount in excess of fair value has been eliminated because it is redundant. This is because IAS32 requires the disclosure of fair value information to be given in a way that permits comparison with financial assets’ carrying amounts.IN19.Disclosure requirements previously in IAS39 have been moved to IAS32. Withdrawal of Other PronouncementsIN20.As a consequence of the revisions to this Standard, the Board withdrew the three Interpretations and one draft Interpretation of the former Standing Interpretations Committee noted in paragraph IN1.Potential Impact of Proposals in Exposure DraftsIN21.[Deleted]© IASCF1197International Accounting Standard 32Financial Instruments: Disclosure and Presentation Objective1.The objective of this Standard is to enhance financial statement users’understanding of the significance of financial instruments to an entity’s financial position, performance and cash flows.2.This Standard contains requirements for the presentation of financial instrumentsand identifies the information that should be disclosed about them. The presentation requirements apply to the classification of financial instruments, from the perspective of the issuer, into financial assets, financial liabilities and equity instruments; the classification of related interest, dividends, losses and gains;and the circumstances in which financial assets and financial liabilities should be offset. The Standard requires disclosure of information about factors that affect the amount, timing and certainty of an entity’s future cash flows relating to financial instruments and the accounting policies applied to those instruments. This Standard also requires disclosure of information about the nature and extent of an entity’s use of financial instruments, the business purposes they serve, the risks associated with them, and management’s policies for controlling those risks.3.The principles in this Standard complement the principles for recognising andmeasuring financial assets and financial liabilities in IAS39 Financial Instruments: Recognition and Measurement.Scope4.This Standard shall be applied by all entities to all types of financial instrumentsexcept:(a)those interests in subsidiaries, associates and joint ventures that areaccounted for under IAS27 Consolidated and Separate FinancialStatements, IAS28 Investments in Associates or IAS31 Interests in JointVentures. However, entities shall apply this Standard to an interest in asubsidiary, associate or joint venture that according to IAS27, IAS28 orIAS31 is accounted for under IAS39 Financial Instruments: Recognitionand Measurement. In these cases, entities shall apply the disclosurerequirements in IAS27, IAS28 and IAS31 in addition to those in thisStandard. Entities shall also apply this Standard to all derivatives oninterests in subsidiaries, associates or joint ventures.(b)employers’ rights and obligations under employee benefit plans, to whichIAS19 Employee Benefits applies.(c)contracts for contingent consideration in a business combination(see IFRS3 Business Combinations). This exemption applies only to theacquirer.1198© IASCF(d)insurance contracts as defined in IFRS 4 Insurance Contracts. However,this Standard applies to derivatives that are embedded in insurance contractsif IAS 39 requires the entity to account for them separately.(e)financial instruments that are within the scope of IFRS4 because theycontain a discretionary participation feature. The issuer of theseinstruments is exempt from applying to these features paragraphs 15-32 andAG25-AG35 of this Standard regarding the distinction between financialliabilities and equity instruments. However, these instruments are subject toall other requirements of this Standard. Furthermore, this Standard appliesto derivatives that are embedded in these instruments (see IAS 39).(f) financial instruments, contracts and obligations under share-based paymenttransactions to which IFRS 2 Share-based Payment applies, except for(i)contracts within the scope of paragraphs 8-10 of this Standard,to which this Standard applies,(ii)paragraphs 33 and 34 of this Standard, which shall be applied to treasury shares purchased, sold, issued or cancelled in connection withemployee share option plans, employee share purchase plans, and allother share-based payment arrangements.5.This Standard applies to recognised and unrecognised financial instruments.Recognised financial instruments include equity instruments issued by the entity and financial assets and financial liabilities that are within the scope of IAS39.Unrecognised financial instruments include some financial instruments that, although outside the scope of IAS39, are within the scope of this Standard (such as some loan commitments).6.[Deleted]7.Other Standards specific to particular types of financial instrument containadditional presentation and disclosure requirements. For example, IAS17 Leases and IAS26 Accounting and Reporting by Retirement Benefit Plans incorporate specific disclosure requirements relating to finance leases and retirement benefit plan investments, respectively. In addition, some requirements of other Standards, particularly IAS30 Disclosures in the Financial Statements of Banks and Similar Financial Institutions, apply to financial instruments.8.This Standard shall be applied to those contracts to buy or sell a non-financialitem that can be settled net in cash or another financial instrument, or by exchanging financial instruments, as if the contracts were financial instruments, with the exception of contracts that were entered into and continue to be held for the purpose of the receipt or delivery of a non-financial item in accordance with the entity’s expected purchase, sale or usage requirements.9.There are various ways in which a contract to buy or sell a non-financial item can besettled net in cash or another financial instrument or by exchanging financial instruments. These include:© IASCF1199(a)when the terms of the contract permit either party to settle it net in cash oranother financial instrument or by exchanging financial instruments;(b)when the ability to settle net in cash or another financial instrument, or byexchanging financial instruments, is not explicit in the terms of the contract,but the entity has a practice of settling similar contracts net in cash or anotherfinancial instrument, or by exchanging financial instruments (whether with thecounterparty, by entering into offsetting contracts or by selling the contractbefore its exercise or lapse);(c)when, for similar contracts, the entity has a practice of taking delivery of theunderlying and selling it within a short period after delivery for the purpose ofgenerating a profit from short-term fluctuations in price or dealer’s margin;and(d)when the non-financial item that is the subject of the contract is readilyconvertible to cash.A contract to which (b) or (c) applies is not entered into for the purpose of thereceipt or delivery of the non-financial item in accordance with the entity’s expected purchase, sale or usage requirements, and, accordingly, is within the scope of this Standard. Other contracts to which paragraph 8 applies are evaluated to determine whether they were entered into and continue to be held for the purpose of the receipt or delivery of the non-financial item in accordance with the entity’s expected purchase, sale or usage requirement, and accordingly, whether they are within the scope of this Standard.10. A written option to buy or sell a non-financial item that can be settled net in cash oranother financial instrument, or by exchanging financial instruments, in accordance with paragraph9(a) or (d) is within the scope of this Standard. Such a contract cannot be entered into for the purpose of the receipt or delivery of the non-financial item in accordance with the entity’s expected purchase, sale or usage requirements. Definitions (see also paragraphs AG3-AG24)11.The following terms are used in this Standard with the meanings specified:A financial instrument is any contract that gives rise to a financial asset of oneentity and a financial liability or equity instrument of another entity.A financial asset is any asset that is:(a)cash;(b)an equity instrument of another entity;(c) a contractual right:(i)to receive cash or another financial asset from another entity; or(ii)to exchange financial assets or financial liabilities with another entity under conditions that are potentially favourable to the entity; or1200© IASCF(d) a contract that will or may be settled in the entity’s own equity instrumentsand is:(i) a non-derivative for which the entity is or may be obliged to receive avariable number of the entity’s own equity instruments; or(ii) a derivative that will or may be settled other than by the exchange of a fixed amount of cash or another financial asset for a fixed number ofthe entity’s own equity instruments. For this purpose the entity’s ownequity instruments do not include instruments that are themselvescontracts for the future receipt or delivery of the entity’s own equityinstruments.A financial liability is any liability that is:(a) a contractual obligation:(i)to deliver cash or another financial asset to another entity; or(ii)to exchange financial assets or financial liabilities with another entity under conditions that are potentially unfavourable to the entity; or(b) a contract that will or may be settled in the entity’s own equity instrumentsand is:(i) a non-derivative for which the entity is or may be obliged to deliver avariable number of the entity’s own equity instruments; or(ii) a derivative that will or may be settled other than by the exchange of a fixed amount of cash or another financial asset for a fixed number ofthe entity’s own equity instruments. For this purpose the entity’s ownequity instruments do not include instruments that are themselvescontracts for the future receipt or delivery of the entity’s own equityinstruments.An equity instrument is any contract that evidences a residual interest in the assets of an entity after deducting all of its liabilities.Fair value is the amount for which an asset could be exchanged, or a liability settled, between knowledgeable, willing parties in an arm’s length transaction. 12.The following terms are defined in paragraph 9 of IAS39 and are used in thisStandard with the meaning specified in IAS39.•amortised cost of a financial asset or financial liability•available-for-sale financial assets•derecognition•derivative•effective interest method•financial asset or financial liability at fair value through profit or loss•firm commitment•forecast transaction•hedge effectiveness© IASCF1201•hedged item•hedging instrument•held-to-maturity investments•loans and receivables•regular way purchase or sale•transaction costs.13.In this Standard, ‘contract’ and ‘contractual’ refer to an agreement between two ormore parties that has clear economic consequences that the parties have little, if any, discretion to avoid, usually because the agreement is enforceable by law. Contracts, and thus financial instruments, may take a variety of forms and need not be in writing.14.In this Standard, ‘entity’ includes individuals, partnerships, incorporated bodies,trusts and government agencies.PresentationLiabilities and Equity (see also paragraphs AG25-AG29)15.The issuer of a financial instrument shall classify the instrument, or itscomponent parts, on initial recognition as a financial liability, a financial asset or an equity instrument in accordance with the substance of the contractual arrangement and the definitions of a financial liability, a financial asset and an equity instrument.16.When an issuer applies the definitions in paragraph 11 to determine whether a financialinstrument is an equity instrument rather than a financial liability, the instrument is an equity instrument if, and only if, both conditions (a) and (b) below are met.(a)The instrument includes no contractual obligation:(i)to deliver cash or another financial asset to another entity; or(ii)to exchange financial assets or financial liabilities with another entity under conditions that are potentially unfavourable to the issuer.(b)If the instrument will or may be settled in the issuer’s own equity instruments,it is:(i) a non-derivative that includes no contractual obligation for the issuer todeliver a variable number of its own equity instruments; or(ii) a derivative that will be settled only by the issuer exchanging a fixed amount of cash or another financial asset for a fixed number of its ownequity instruments. For this purpose the issuer’s own equity instrumentsdo not include instruments that are themselves contracts for the futurereceipt or delivery of the issuer’s own equity instruments.A contractual obligation, including one arising from a derivative financialinstrument, that will or may result in the future receipt or delivery of the issuer’s own equity instruments, but does not meet conditions (a) and (b) above, is not an equity instrument.1202© IASCF。
IAS_1_Presentation_of_financial_statement

IAS 1 (2007) Presentation of Financial Statements Key notes for SOCI and SOFSStatement of Financial Position (Balance Sheet)An entity must normally present a classified statement of financial position, separating current and noncurrent assets and liabilities. Only if a presentation based on liquidity provides information that is reliable and more relevant may the current/noncurrent split be omitted. [IAS 1.60] In either case, if an asset (liability) category combines amounts that will be received (settled) after 12 months with assets (liabilities) that will be received (settled) within 12 months, note disclosure is required that separates the longer-term amounts from the 12-month amounts. [IAS 1.61]Current assets are cash; cash equivalent; assets held for collection, sale, or consumption within the entity's normal operating cycle; or assets held for trading within the next 12 months. All other assets are noncurrent. [IAS 1.66]Current liabilities are those to be settled within the entity's normal operating cycle or due within 12 months, or those held for trading, or those for which the entity does not have an unconditional right to defer payment beyond 12 months. Other liabilities are noncurrent. [IAS 1.69]When a long-term debt is expected to be refinanced under an existing loan facility and the entity has the discretion the debt is classified as non-current, even if due within 12 months. [IAS 1.73]If a liability has become payable on demand because an entity has breached an undertaking under a long-term loan agreement on or before the reporting date, the liability is current, even if the lender has agreed, after the reporting date and before the authorisation of the financial statements for issue, not to demand payment as a consequence of the breach. [IAS 1.74] However, the liability is classified as non-current if the lender agreed by the reporting date to provide a period of grace ending at least 12 months after the end of the reporting period, within which the entity can rectify the breach and during which the lender cannot demand immediate repayment. [IAS 1.75] Minimum items on the face of the statement of financial position [IAS 1.54] •(a) property, plant and equipment•(b) investment property•(c) intangible assets•(d) financial assets (excluding amounts shown under (e), (h), and (i))•(e) investments accounted for using the equity method•(f) biological assets•(g) inventories•(h) trade and other receivables•(i) cash and cash equivalents•(j) assets held for sale•(k) trade and other payables•(l) provisions•(m) financial liabilities (excluding amounts shown under (k) and (l))•(n) liabilities and assets for current tax, as defined in IAS 12•(o) deferred tax liabilities and deferred tax assets, as defined in IAS 12•(p) liabilities included in disposal groups•(q) non-controlling interests , presented within equity and•(r) issued capital and reserves attributable to owners of the parentAdditional line items may be needed to fairly present the entity's financial position. [IAS 1.54]IAS 1 does not prescribe the format of the balance sheet. Assets can be presented current then noncurrent, or vice versa, and liabilities and equity can be presented current then noncurrent then equity, or vice versa. A net asset presentation (assets minus liabilities) is allowed. The long-term financing approach used in UK and elsewhere – fixed assets + current assets - short term payables = long-term debt plus equity – is also acceptable.Regarding issued share capital and reserves, the following disclosures are required: [IAS 1.79]•numbers of shares authorised, issued and fully paid, and issued but not fully paid •par value•reconciliation of shares outstanding at the beginning and the end of the period •description of rights, preferences, and restrictions•treasury shares, including shares held by subsidiaries and associates•shares reserved for issuance under options and contracts• a description of the nature and purpose of each reserve within equity Statement of Comprehensive IncomeComprehensive income for a period includes profit or loss for that period plus other comprehensive income recognised in that period. As a result of the 2003 revision to IAS 1, the Standard is now using 'profit or loss' rather than 'net profit or loss' as the descriptive term for the bottom line of the income statement.All items of income and expense recognised in a period must be included in profit or loss unless a Standard or an Interpretation requires otherwise. [IAS 1.88] Some IFRSs require or permit that some components to be excluded from profit or loss and instead to be included in other comprehensive income. [IAS 1.89]The components of other comprehensive income include:•changes in revaluation surplus (IAS 16 and IAS 38)•actuarial gains and losses on defined benefit plans recognised in accordance with IAS 19•gains and losses arising from translating the financial statements of a foreign operation (IAS 21)•gains and losses on remeasuring available-for-sale financial assets (IAS 39)•the effective portion of gains and losses on hedging instruments in a cash flow hedge (IAS 39).An entity has a choice of presenting:• a single statement of comprehensive income or•two statements:o an income statement displaying components of profit or loss ando a statement of comprehensive income that begins with profit or loss (bottom line of the income statement) and displays components of othercomprehensive income [IAS 1.81]Minimum items on the face of the statement of comprehensive income should include: [IAS 1.82]•revenue•finance costs•share of the profit or loss of associates and joint ventures accounted for using the equity method•tax expense• a single amount comprising the total of (i) the post-tax profit or loss of discontinued operations and (ii) the post-tax gain or loss recognised on the disposal of the assets or disposal group(s) constituting the discontinued operation •profit or loss•each component of other comprehensive income classified by nature•share of the other comprehensive income of associates and joint ventures accounted for using the equity method•total comprehensive incomeThe following items must also be disclosed in the statement of comprehensive income as allocations for the period: [IAS 1.83]•profit or loss for the period attributable to non-controlling interests and owners of the parent•total comprehensive income attributable to non-controlling interests and owners of the parentAdditional line items may be needed to fairly present the entity's results of operations. [IAS 1.85]No items may be presented in the statement of comprehensive income (or in the income statement, if separately presented) or in the notes as 'extraordinary items'. [IAS 1.87] Certain items must be disclosed separately either in the statement of comprehensive income or in the notes, if material, including: [IAS 1.98]•write-downs of inventories to net realisable value or of property, plant and equipment to recoverable amount, as well as reversals of such write-downs •restructurings of the activities of an entity and reversals of any provisions for the costs of restructuring•disposals of items of property, plant and equipment•disposals of investments•discontinuing operations•litigation settlements•other reversals of provisionsExpenses recognised in profit or loss should be analysed either by nature (raw materials, staffing costs, depreciation, etc.) or by function (cost of sales, selling, administrative, etc). [IAS 1.99] If an entity categorises by function, then additional information on the nature of expenses – at a minimum depreciation, amortisation and employee benefits expense – must be disclosed. [IAS 1.104]。
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International Accounting StandardsIAS 30 Disclosures in the Financial Statements of Banks and Similar Financial Institutions (reformatted 1994)This reformatted International Accounting Standard supersedes the Standard originally approved by the Board in June 1990. It is presented in the revised format adopted for International Accounting Standards in 1991 onwards. No substantive changes have been made to the original approved text. Certain terminology has been changed to bring it into line with current IASC practice.In 1998, paragraphs 24 and 25 of IAS 30 were amended. The amendments replace references to IAS 25, Accounting for Investments, by references to IAS 39, Financial Instruments: Recognition and Measurement.In 1999, paragraphs 26, 27, 50 and 51 of IAS 30 were amended. These amendments replace references to IAS 10, Contingencies and Events Occurring After the Balance Sheet Date, by references to IAS 37, Provisions, Contingent Liabilities and Contingent Assets, and conform the terminology used to that in IAS 37.The standards, which have been set in bold italic type, should be read in the context of the background material and implementation guidance in this Standard, and in the context of the Preface to International Accounting Standards. International Accounting Standards are not intended to apply to immaterial items (see paragraph 12 of the Preface).Scope1. This Standard should be applied in the financial statements of banks and similar financial institutions (subsequently referred to as banks).2. For the purposes of this Standard, the term "bank" includes all financial institutions, one of whose principal activities is to take deposits and borrow with the objective of lending and investing and which are within the scope of banking or similar legislation. The Standard is relevant to such enterprises whether or not they have the word "bank" in their name.3. Banks represent a significant and influential sector of business worldwide. Most individuals and organisations make use of banks, either as depositors or borrowers. Banks play a major role in maintaining confidence in the monetary system through their close relationship with regulatory authorities and governments and the regulations imposed on them by those governments. Hence there is considerable and widespread interest in the well-being of banks, and in particular their solvency and liquidity and the relative degree of risk that attaches to the different types of their business. The operations, and thus the accounting and reporting requirements, of banks are different from those of other commercial enterprises. This Standard recognises their special needs. It also encourages the presentation of a commentary on the financial statements which deals with such matters as the management and control of liquidity and risk.4. This Standard supplements other International Accounting Standards which also apply to banks unless they are specifically exempted in a Standard.5. This Standard applies to the separate financial statements and the consolidated financialstatements of a bank. Where a group undertakes banking operations, this Standard is applicable in respect of those operations on a consolidated basis.Background6. The users of the financial statements of a bank need relevant, reliable and comparable information which assists them in evaluating the financial position and performance of the bank and which is useful to them in making economic decisions. They also need information which gives them a better understanding of the special characteristics of the operations of a bank. Users need such information even though a bank is subject to supervision and provides the regulatory authorities with information that is not always available to the public. Therefore disclosures in the financial statements of a bank need to be sufficiently comprehensive to meet the needs of users, within the constraint of what it is reasonable to require of management.7. The users of the financial statements of a bank are interested in its liquidity and solvency and the risks related to the assets and liabilities recognised on its balance sheet and to its off balance sheet items. Liquidity refers to the availability of sufficient funds to meet deposit withdrawals and other financial commitments as they fall due. Solvency refers to the excess of assets over liabilities and, hence, to the adequacy of the bank's capital. A bank is exposed to liquidity risk and to risks arising from currency fluctuations, interest rate movements, changes in market prices and from counterparty failure. These risks may be reflected in the financial statements, but users obtain a better understanding if management provides a commentary on the financial statements which describes the way it manages and controls the risks associated with the operations of the bank. Accounting Policies8. Banks use differing methods for the recognition and measurement of items in their financial statements. While harmonisation of these methods is desirable, it is beyond the scope of this Standard. In order to comply with IAS 1, Presentation of Financial Statements, and thereby enable users to understand the basis on which the financial statements of a bank are prepared, accounting policies dealing with the following items may need to be disclosed:(a) the recognition of the principal types of income (see paragraphs 10 and 11);(b) the valuation of investment and dealing securities (see paragraphs 24 and 25);(c) the distinction between those transactions and other events that result in the recognition of assets and liabilities on the balance sheet and those transactions and other events that only give rise to contingencies and commitments (see paragraphs 26 to 29);(d) the basis for the determination of losses on loans and advances and for writing off uncollectable loans and advances (see paragraphs 43 to 49); and(e) the basis for the determination of charges for general banking risks and the accounting treatment of such charges (see paragraphs 50 to 52).Some of these topics are the subject of existing International Accounting Standards while others may be dealt with at a later date.Income Statement9. A bank should present an income statement which groups income and expenses by nature anddiscloses the amounts of the principal types of income and expenses.10. In addition to the requirements of other International Accounting Standards, the disclosures in the income statement or the notes to the financial statements should include, but are not limited to, the following items of income and expenses:Interest and similar income;Interest expense and similar charges;Dividend income;Fee and commission income;Fee and commission expense;Gains less losses arising from dealing securities;Gains less losses arising from investment securities;Gains less losses arising from dealing in foreign currencies;Other operating income;Losses on loans and advances;General administrative expenses; andOther operating expenses.11. The principal types of income arising from the operations of a bank include interest, fees for services, commissions and dealing results. Each type of income is separately disclosed in order that users can assess the performance of a bank. Such disclosures are in addition to those of the source of income required by IAS 14, Segment Reporting.12. The principal types of expenses arising from the operations of a bank include interest, commissions, losses on loans and advances, charges relating to the reduction in the carrying amount of investments and general administrative expenses. Each type of expense is separately disclosed in order that users can assess the performance of a bank.13. Income and expense items should not be offset except for those relating to hedges and to assets and liabilities which have been offset in accordance with paragraph 23.14. Offsetting in cases other than those relating to hedges and to assets and liabilities which have been offset as described in paragraph 23 prevents users from assessing the performance of the separate activities of a bank and the return that it obtains on particular classes of assets.15. Gains and losses arising from each of the following are normally reported on a net basis:(a) disposals and changes in the carrying amount of dealing securities;(b) disposals of investment securities; and(c) dealings in foreign currencies.16. Interest income and interest expense are disclosed separately in order to give a better understanding of the composition of, and reasons for changes in, net interest.17. Net interest is a product of both interest rates and the amounts of borrowing and lending. It is desirable for management to provide a commentary about average interest rates, average interest earning assets and average interest-bearing liabilities for the period. In some countries, governments provide assistance to banks by making deposits and other credit facilities available at interest rates which are substantially below market rates. In these cases, management's commentary often discloses the extent of these deposits and facilities and their effect on net income.Balance Sheet18. A bank should present a balance sheet that groups assets and liabilities by nature and lists them in an order that reflects their relative liquidity.19. In addition to the requirements of other International Accounting Standards, the disclosures in the balance sheet or the notes to the financial statements should include, but are not limited to, the following assets and liabilities:AssetsCash and balances with the central bank;Treasury bills and other bills eligible for rediscounting with the central bank;Government and other securities held for dealing purposes;Placements with, and loans and advances to, other banks;Other money market placements;Loans and advances to customers; andInvestment securities.LiabilitiesDeposits from other banks;Other money market deposits;Amounts owed to other depositors;Certificates of deposits;Promissory notes and other liabilities evidenced by paper; andOther borrowed funds.20. The most useful approach to the classification of the assets and liabilities of a bank is to group them by their nature and list them in the approximate order of their liquidity; this may equate broadlyto their maturities. Current and non-current items are not presented separately because most assets and liabilities of a bank can be realised or settled in the near future.21. The distinction between balances with other banks and those with other parts of the money market and from other depositors is relevant information because it gives an understanding of a bank's relations with, and dependence on, other banks and the money market. Hence, a bank discloses separately:(a) balances with the central bank;(b) placements with other banks;(c) other money market placements;(d) deposits from other banks;(e) other money market deposits; and(f) other deposits.22. A bank generally does not know the holders of its certificates of deposit because they are usually traded on an open market. Hence, a bank discloses separately deposits that have been obtained through the issue of its own certificates of deposit or other negotiable paper.23. The amount at which any asset or liability is stated in the balance sheet should not be offset by the deduction of another liability or asset unless a legal right of set-off exists and the offsetting represents the expectation as to the realisation or settlement of the asset or liability.24. A bank should disclose the fair values of each class of its financial assets and liabilities as required by IAS 32, Financial Instruments: Disclosure and Presentation, and IAS 39, Financial Instruments: Recognition and Measurement.25. IAS 39 provides for four classifications of financial assets: loans and receivables originated by the enterprise, held-to-maturity investments, financial assets held for trading, and available-for-sale financial assets. A bank will disclose the fair values of its financial assets for these four classifications, as a minimum.Contingencies and Commitments Including Off Balance Sheet Items26. A bank should disclose the following contingent liabilities and commitments:(a) the nature and amount of commitments to extend credit that are irrevocable because they cannot be withdrawn at the discretion of the bank without the risk of incurring significant penalty or expense; and(b) the nature and amount of contingent liabilities and commitments arising from off balance sheet items including those relating to:(i) direct credit substitutes including general guarantees of indebtedness, bank acceptance guarantees and standby letters of credit serving as financial guarantees for loans and securities;(ii) certain transaction-related contingent liabilities including performance bonds, bid bonds, warranties and standby letters of credit related to particular transactions;(iii) short-term self-liquidating trade-related contingent liabilities arising from the movement of goods, such as documentary credits where the underlying shipment is used as security;(iv) those sale and repurchase agreements not recognised in the balance sheet;(v) interest and foreign exchange rate related items including swaps, options and futures; and (vi) other commitments, note issuance facilities and revolving underwriting facilities.27. IAS 37, Provisions, Contingent Liabilities and Contingent Assets, deals generally with accounting for, and disclosure of, contingent liabilities. The Standard is of particular relevance to banks because banks often become engaged in many types of contingent liabilities and commitments, some revocable and others irrevocable, which are frequently significant in amount and substantially larger than those of other commercial enterprises.28. Many banks also enter into transactions that are presently not recognised as assets or liabilities in the balance sheet but which give rise to contingencies and commitments. Such off balance sheet items often represent an important part of the business of a bank and may have a significant bearing on the level of risk to which the bank is exposed. These items may add to, or reduce, other risks, for example by hedging assets or liabilities on the balance sheet. Off balance sheet items may arise from transactions carried out on behalf of customers or from the bank's own trading position.29. The users of the financial statements need to know about the contingencies and irrevocable commitments of a bank because of the demands they may put on its liquidity and solvency and the inherent possibility of potential losses. Users also require adequate information about the nature and amount of off balance sheet transactions undertaken by a bank.Maturities of Assets and Liabilities30. A bank should disclose an analysis of assets and liabilities into relevant maturity groupings based on the remaining period at the balance sheet date to the contractual maturity date.31. The matching and controlled mismatching of the maturities and interest rates of assets and liabilities is fundamental to the management of a bank. It is unusual for banks ever to be completely matched since business transacted is often of uncertain term and of different types. An unmatched position potentially enhances profitability but can also increase the risk of losses.32. The maturities of assets and liabilities and the ability to replace, at an acceptable cost, interest-bearing liabilities as they mature, are important factors in assessing the liquidity of a bank and its exposure to changes in interest rates and exchange rates. In order to provide information that is relevant for the assessment of its liquidity, a bank discloses, as a minimum, an analysis of assets and liabilities into relevant maturity groupings.33. The maturity groupings applied to individual assets and liabilities differ between banks and in their appropriateness to particular assets and liabilities. Examples of periods used include the following:(a) up to 1 month;(b) from 1 month to 3 months;(c) from 3 months to 1 year;(d) from 1 year to 5 years; and(e) from 5 years and over.Frequently the periods are combined, for example, in the case of loans and advances, by grouping those under one year and those over one year. When repayment is spread over a period of time, each instalment is allocated to the period in which it is contractually agreed or expected to be paid or received.34. It is essential that the maturity periods adopted by a bank are the same for assets and liabilities. This makes clear the extent to which the maturities are matched and the consequent dependence of the bank on other sources of liquidity.35. Maturities could be expressed in terms of:(a) the remaining period to the repayment date;(b) the original period to the repayment date; or(c) the remaining period to the next date at which interest rates may be changed.The analysis of assets and liabilities by their remaining periods to the repayment dates provides the best basis to evaluate the liquidity of a bank. A bank may also disclose repayment maturities based on the original period to the repayment date in order to provide information about its funding and business strategy. In addition, a bank may disclose maturity groupings based on the remaining period to the next date at which interest rates may be changed in order to demonstrate its exposure to interest rate risks. Management may also provide, in its commentary on the financial statements, information about interest rate exposure and about the way it manages and controls such exposures.36. In many countries, deposits made with a bank may be withdrawn on demand and advances given by a bank may be repayable on demand. However, in practice, these deposits and advances are often maintained for long periods without withdrawal or repayment; hence, the effective date of repayment is later than the contractual date. Nevertheless, a bank discloses an analysis expressed in terms of contractual maturities even though the contractual repayment period is often not the effective period because contractual dates reflect the liquidity risks attaching to the bank's assets and liabilities. 37. Some assets of a bank do not have a contractual maturity date. The period in which these assets are assumed to mature is usually taken as the expected date on which the assets will be realised. 38. The users' evaluation of the liquidity of a bank from its disclosure of maturity groupings is made in the context of local banking practices, including the availability of funds to banks. In some countries, short-term funds are available, in the normal course of business, from the money market or, in an emergency, from the central bank. In other countries, this is not the case.39. In order to provide users with a full understanding of the maturity groupings, the disclosures in the financial statements may need to be supplemented by information as to the likelihood of repayment within the remaining period. Hence, management may provide, in its commentary on the financial statements, information about the effective periods and about the way it manages and controls the risks and exposures associated with different maturity and interest rate profiles. Concentrations of Assets, Liabilities and Off Balance SheetItems40. A bank should disclose any significant concentrations of its assets, liabilities and off balance sheet items. Such disclosures should be made in terms of geographical areas, customer or industry groups or other concentrations of risk. A bank should also disclose the amount of significant net foreign currency exposures.41. A bank discloses significant concentrations in the distribution of its assets and in the source of its liabilities because it is a useful indication of the potential risks inherent in the realisation of the assets and the funds available to the bank. Such disclosures are made in terms of geographical areas, customer or industry groups or other concentrations of risk which are appropriate in the circumstances of the bank. A similar analysis and explanation of off balance sheet items is also important. Geographical areas may comprise individual countries, groups of countries or regions within a country; customer disclosures may deal with sectors such as governments, public authorities, and commercial and business enterprises. Such disclosures are made in addition to any segment information required by IAS 14, Segment Reporting.42. The disclosure of significant net foreign currency exposures is also a useful indication of the risk of losses arising from changes in exchange rates.Losses on Loans and Advances43. A bank should disclose the following:(a) the accounting policy which describes the basis on which uncollectable loans and advances are recognised as an expense and written off;(b) details of the movements in the provision for losses on loans and advances during the period. It should disclose separately the amount recognised as an expense in the period for losses on uncollectable loans and advances, the amount charged in the period for loans and advances written off and the amount credited in the period for loans and advances previously written off that have been recovered;(c) the aggregate amount of the provision for losses on loans and advances at the balance sheet date; and(d) the aggregate amount included in the balance sheet for loans and advances on which interest is not being accrued and the basis used to determine the carrying amount of such loans and advances.44. Any amounts set aside in respect of losses on loans and advances in addition to those losses that have been specifically identified or potential losses which experience indicates are present in the portfolio of loans and advances should be accounted for as appropriations of retained earnings. Any credits resulting from the reduction of such amounts result in an increase in retained earnings and are not included in the determination of net profit or loss for the period. 45. It is inevitable that in the ordinary course of business, banks suffer losses on loans, advances and other credit facilities as a result of their becoming partly or wholly uncollectable. The amount of losses which have been specifically identified is recognised as an expense and deducted from the carrying amount of the appropriate category of loans and advances as a provision for losses on loans and advances. The amount of potential losses not specifically identified but which experience indicates are present in the portfolio of loans and advances is also recognised as an expense and deducted from the total carrying amount of loans and advances as a provision for losses on loans andadvances. The assessment of these losses depends on the judgement of management; it is essential, however, that management applies its assessments in a consistent manner from period to period. 46. Local circumstances or legislation may require or allow a bank to set aside amounts for losses on loans and advances in addition to those losses which have been specifically identified and those potential losses which experience indicates are present in the portfolio of loans and advances. Any such amounts set aside represent appropriations of retained earnings and not expenses in determining net profit or loss for the period. Similarly, any credits resulting from the reduction of such amounts result in an increase in retained earnings and are not included in the determination of net profit or loss for the period.47. Users of the financial statements of a bank need to know the impact that losses on loans and advances have had on the financial position and performance of the bank; this helps them judge the effectiveness with which the bank has employed its resources. Therefore a bank discloses the aggregate amount of the provision for losses on loans and advances at the balance sheet date and the movements in the provision during the period. The movements in the provision, including the amounts previously written off that have been recovered during the period, are shown separately. 48. A bank may decide not to accrue interest on a loan or advance, for example when the borrower is more than a particular period in arrears with respect to the payment of interest or principal. A bank discloses the aggregate amount of loans and advances at the balance sheet date on which interest is not being accrued and the basis used to determine the carrying amount of such loans and advances. It is also desirable that a bank discloses whether it recognises interest income on such loans and advances and the impact which the non-accrual of interest has on its income statement.49. When loans and advances cannot be recovered, they are written off and charged against the provision for losses. In some cases, they are not written off until all the necessary legal procedures have been completed and the amount of the loss is finally determined. In other cases, they are written off earlier, for example when the borrower has not paid any interest or repaid any principal that was due in a specified period. As the time at which uncollectable loans and advances are written off differs, the gross amount of loans and advances and of the provisions for losses may vary considerably in similar circumstances. As a result, a bank discloses its policy for writing off uncollectable loans and advances.General Banking Risks50. Any amounts set aside for general banking risks, including future losses and other unforeseeable risks or contingencies should be separately disclosed as appropriations of retained earnings. Any credits resulting from the reduction of such amounts result in an increase in retained earnings and should not be included in the determination of net profit or loss for the period.51. Local circumstances or legislation may require or allow a bank to set aside amounts for general banking risks, including future losses or other unforeseeable risks, in addition to the charges for losses on loans and advances determined in accordance with paragraph 45. A bank may also be required or allowed to set aside amounts for contingencies. Such amounts for general banking risks and contingencies do not qualify for recognition as provisions under IAS 37, Provisions, Contingent Liabilities and Contingent Assets. Therefore, a bank recognises such amounts as appropriations of retained earnings. This is necessary to avoid the overstatement of liabilities, understatement of assets, undisclosed accruals and provisions and the opportunity to distort net income and equity.52. The income statement cannot present relevant and reliable information about the performance ofa bank if net profit or loss for the period includes the effects of undisclosed amounts set aside for general banking risks or additional contingencies, or undisclosed credits resulting from the reversal of such amounts. Similarly, the balance sheet cannot provide relevant and reliable information aboutthe financial position of a bank if the balance sheet includes overstated liabilities, understated assets or undisclosed accruals and provisions.Assets Pledged as Security53. A bank should disclose the aggregate amount of secured liabilities and the nature and carrying amount of the assets pledged as security.54. In some countries, banks are required, either by law or national custom, to pledge assets as security to support certain deposits and other liabilities. The amounts involved are often substantial and so may have a significant impact on the assessment of the financial position of a bank.Trust Activities55. Banks commonly act as trustees and in other fiduciary capacities that result in the holding or placing of assets on behalf of individuals, trusts, retirement benefit plans and other institutions. Provided the trustee or similar relationship is legally supported, these assets are not assets of the bank and, therefore, are not included in its balance sheet. If the bank is engaged in significant trust activities, disclosure of that fact and an indication of the extent of those activities is made in its financial statements because of the potential liability if it fails in its fiduciary duties. For this purpose, trust activities do not encompass safe custody functions.Related Party Transactions56. IAS 24, Related Party Disclosures, deals generally with the disclosures of related party relationships and transactions between a reporting enterprise and its related parties. In some countries, the law or regulatory authorities prevent or restrict banks entering into transactions with related parties whereas in others such transactions are permitted. IAS 24, is of particular relevance in the presentation of the financial statements of a bank in a country that permits such transactions. 57. Certain transactions between related parties may be effected on different terms from those with unrelated parties. For example, a bank may advance a larger sum or charge lower interest rates to a related party than it would in otherwise identical circumstances to an unrelated party; advances or deposits may be moved between related parties more quickly and with less formality than is possible when unrelated parties are involved. Even when related party transactions arise in the ordinary course of a bank's business, information about such transactions is relevant to the needs of users and its disclosure is required by IAS 24.58. When a bank has entered into transactions with related parties, it is appropriate to disclose the nature of the related party relationship, the types of transactions, and the elements of transactions necessary for an understanding of the financial statements of the bank. The elements that would normally be disclosed to conform with IAS 24 include a bank's lending policy to related parties and, in respect of related party transactions, the amount included in or the proportion of:(a) each of loans and advances, deposits and acceptances and promissory notes; disclosures may include the aggregate amounts outstanding at the beginning and end of the period, as well as advances, deposits, repayments and other changes during the period;(b) each of the principal types of income, interest expense and commissions paid;(c) the amount of the expense recognised in the period for losses on loans and advances and the amount of the provision at the balance sheet date; and。