IFRS 7 AMENDMENT AND FAIR VALUE HIERARCHY COMPARATIVES

摘要

Entity XYZ has, for disclosure purposes, classified all its financial instruments held at 31 December 2009 (its balance sheet date) within the IFRS 7 fair value hierarchy. Does the entity need to disclose comparatives for this disclosure?rnThe International Accounting Standards Board published an amendment to IFRS 7, Financial Instruments: Disclosures, in March 2009; this is effective from December 2009 year ends.