Efectele implementării IFRS asupra situațiilor financiare

Abstract

International Accounting Standards IAS 39 and IFRS 9 have as objective the classification and measurement of financial instruments, which are basically the pillars for the preparation of financial statements of banking institutions and for all companies operating in the financial field. The number and complexity of the provisions contained in the first of the two standards, specifically in IAS 39, has been the subject of many debates since the first publication, but without taking into account that, with the outbreak of the financial crisis and following the G20's demands other international bodies, it was essential to provide for the revision and replacement of this standard. The purpose of this paper is to analyze the process of changing IAS 39 and the need to develop a new standard, namely IFRS 9, referring in particular to the differences between the two new standards and the fair value measurement criteria, and "amortized cost" used in the valuation of financial instruments. CZU: 657.37:006.3 ; JEL: M 40, M41.