IFRS 9 for corporates

IFRS 9 for corporates

What’s the impact on your business?

life tube in sea

From 2018, the new financial instruments standard, IFRS 9, will apply for all companies, not just financial institutions.

The new standard brings major changes to how you classify financial assets and record impairment. It also brings a new hedge accounting model that is aligned with risk management and extensive new disclosures.

© 2023 KPMG & Associados – Sociedade de Revisores Oficiais de Contas, S.A., a Portuguese private limited company and a member firm of the KPMG global organization of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved.

For more detail about the structure of the KPMG global organization please visit https://kpmg.com/governance.

Connect with us