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01/11/2025

03/11/2024

Bitesize IFRS- Know the gains and losses permitted/not permitted to recycled by IFRS-09

It’s very clear and rule bases.

A. IFRS DO permit below mentioned gains and
losses to be recycled/reclassified from equity to P/L

- Group FX gains and losses
- Cash flow hedge gains & losses
- Financial Assets FVOCI (Debt)

B. IFRS DO NOT permits below mentioned gains and losses to be recycled/reclassified from equity to P/L

- Remeasurement gains and losses on pension schemes
- PPE gains/losses
- Financial assets FVOCI (Equity Investments)

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