Bilanzpolitische Einflussnahmemöglichkeiten bei der Bilanzierung von Finanzinstrumenten nach IFRS 9

IFRS 9 has fundamentally changed the accounting of financial instruments in the financial statements of companies, especially credit institutions. In particular, the onset of the Great Financial Crisis of 2007/2008 reinforced the need to revise IAS 39, which—apart from its complexity and subjectivity—was criticised as a ‘fire accelerant’ of the financial market crisis, especially due to its pro-cyclical effect in the context of the recognition of impairments of assets (especially financial instruments). This book provides an in-depth overview of accounting for financial instruments according to IFRS 9 and explains many of the accounting policy instruments contained therein.