IASB issues: Prepayment features with negative compensation

The International Accounting Standards Board (IASB) has published amendments to IFRS 9 ‘Financial Instruments’ that allow companies to measure particular prepayable financial assets with negative compensation at amortised cost or at fair value through other comprehensive income—instead of measuring those assets at fair value through profit or loss.

In this publication, Grant Thornton would like to sum up main issues addressed by the amendments to IFRS 9 for your information.

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