Page 159 - SBR Integrated Workbook STUDENT S18-J19

Chapter 12

Financial instruments

Outcome

By the end of this session you should be able to:

 discuss and apply the initial recognition and measurement of financial
instruments

 discuss and apply the subsequent measurement of financial assets and
financial liabilities

 discuss and apply the derecognition of financial assets and financial liabilities

 outline and apply the qualifying criteria for hedge accounting and account for
fair value hedges and cash flow hedges including hedge effectiveness

 discuss and apply the general approach to impairment of financial instruments
including the basis for estimating expected credit losses

and answer questions relating to these areas.

The underpinning detail for this chapter in your Integrated Workbook can
be found in Chapter 12 of your Study Text

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