06-09-2011, 10:16 PM
@Ali Akbar
IFRS 9 is effective for annual periods beginning on or after 01 January 2013.
It has superseded IAS 39 mainly by requiring that all equity investments are to be measured at fair value and eliminating the cost model for unquoted equity investments.
Regards,
IFRS 9 is effective for annual periods beginning on or after 01 January 2013.
It has superseded IAS 39 mainly by requiring that all equity investments are to be measured at fair value and eliminating the cost model for unquoted equity investments.
Regards,