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Implementation of AASB 9 in Financial Instruments - Desklib

Prepare a report to evaluate and comment on information regarding financial instruments provided in the annual report of a company listed on the Australian Stock Exchange (ASX).

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Added on  2023-06-11

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The report provides a detailed description of the implementation of AASB 9 in financial instruments, including measurement processes and types of financial instruments. The Commonwealth Bank of Australia is used as an example. The report also explains the potential impacts on financial performance, assets, and liabilities.

Implementation of AASB 9 in Financial Instruments - Desklib

Prepare a report to evaluate and comment on information regarding financial instruments provided in the annual report of a company listed on the Australian Stock Exchange (ASX).

   Added on 2023-06-11

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Accounting and Financial
Reporting
Implementation of AASB 9 in Financial Instruments - Desklib_1
Executive Summary
The report is providing the detailed description of the implementation of the AASB 9 in the
financial instruments with including the financial assets, financial liabilities, and the equity
instruments. The description of the measurement processes of the financial instruments is
made which are relevant to the AASB 9. Apart from this, the explanation of the different
types of the financial instruments is on the basis of the Commonwealth Bank of Australia.
The examples of the financial instruments for the chosen company are recognized and are
measured by which the changes in the financial instruments can be easily made. Apart from
this, the various perspectives of the investors are explained which are surrounding the
discussion of the potential impacts on the adoption of the new AASB 9 standards. The
determination of the impact on the financial performance, assets, selected financial ratio and
the liabilities are explained in this study.
1
Implementation of AASB 9 in Financial Instruments - Desklib_2
Table of Contents
Executive Summary...............................................................................................................................1
Part A....................................................................................................................................................3
Question 1.........................................................................................................................................3
Question 2.........................................................................................................................................4
Question 3.........................................................................................................................................5
Part B.....................................................................................................................................................5
References.............................................................................................................................................8
2
Implementation of AASB 9 in Financial Instruments - Desklib_3

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