Financial Instruments (replacement of IAS 39)

Asset and liability offsetting
Correspondence
IFRS 9: Mandatory effective date and disclosures

Phase III - Hedge accounting

The hedge accounting project is Phase III of IFRS 9, the IASB’s project to replace IAS 39 Financial Instruments: Recognition and Measurement. The objective of this phase is to improve the usefulness of financial statements for users by fundamentally reconsidering the current hedge accounting requirements.

Project set-up

The project is being conducted by the IASB.

Phases	Status
General hedge accounting	Draft of forthcoming IFRS on general hedge accounting is available
Accounting for macro hedging	Developing a Discussion Paper

Page last updated: 7 September 20