IFRS 9 – Accounting for Financial Liabilities
As mentioned in our previous article, IFRS 9 specifies how an entity should classify and measure financial assets, financial liabilities, and some contracts to buy or sell non-financial items. IFRS 9 is effective for annual periods beginning or after 1 January 2018, with early application permitted. The accounting team at GCS Malta discuss IFRS 9 […]