Kvaal, Erlend and Löw, Edgar and Novotny-Farkas, Zoltán and Panaretou, Argyro and Renders, Annelies and Sampers, Peter (2024) Classification and Measurement under IFRS 9 : A Commentary and Suggestions for Future Research. Accounting in Europe, 21 (2). pp. 154-175. ISSN 1744-9480
Full text not available from this repository.Abstract
This paper discusses several issues that were raised by the International Accounting Standards Board (IASB) in their request for information for the post-implementation review (PIR) of the International Financial Reporting Standard (IFRS) 9: Financial instruments–Classification and Measurement. In doing so, we first review the related academic literature and present empirical evidence on the post-adoption impact of IFRS 9. We then discuss conceptual issues associated with the business model and cash flow characteristics assessment in IFRS 9, as well as issues associated with the presentation of fair value changes in other comprehensive income (OCI) and modifications to contractual cash flows. Finally, we identify gaps in the literature and provide suggestions for future research that can help inform accounting standard setters.