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IFRS 7Financial Instruments: Disclosures

IFRS 7Chapter 9Lesson 1

At the borders: IAS 32, IAS 7, recent amendments and IFRS 18

Step 1 of 4Learning objectives

Go deeper+3 deeper insights · +1 point of attention

IFRS 7 rests on IAS 32 and IAS 7, was amended in 2023 and 2024, and will be affected by IFRS 18: this lesson fixes who decides what and from when.

30 minNot started

Learning objectives

  • Tell the IAS 32 offsetting criteria from the IFRS 7 disclosures and the split between IAS 7 and IFRS 7 on supplier finance arrangements.
  • Identify the effective date of each 2023 and 2024 amendment and the possibility of early application.
  • Place the consequential amendments from IFRS 18 on IFRS 7: a future requirement, applicable together with IFRS 18 from 2027.

In this lesson

Original teaching content: it paraphrases the standard without reproducing it and does not replace the official text.

Contents — IFRS 7 — Financial Instruments: Disclosures

  1. 1 · Not startedObjective, scope and classes of instruments0 / 1 lesson
  2. 2 · Not startedSignificance for financial position and performance0 / 2 lessons
  3. 3 · Not startedHedge accounting disclosures0 / 0 lessons
  4. 4 · Not startedFair value disclosures0 / 1 lesson
  5. 5 · Not startedNature and extent of risks0 / 1 lesson
  6. 6 · Not startedCredit risk disclosures0 / 2 lessons
  7. 7 · Not startedLiquidity risk and market risk0 / 2 lessons
  8. 8 · Not startedTransfers of financial assets0 / 1 lesson
  9. 9 · Not startedLinks with other standards, recent amendments and developments0 / 1 lesson