AASB 139 - Financial Instruments: Recognition and Measurement - July 2004
Comparison with IAS 39Comparison with IAS 39
Start here
Get a plain-English read of Comparison with IAS 39
Turn the raw legal text into a practical explanation grounded in AASB 139 - Financial Instruments: Recognition and Measurement - July 2004.
Comparison with IAS 39
AASB 139 and IAS 39
AASB 139 Financial Instruments: Recognition and Measurement as amended incorporates IAS 39 Financial Instruments: Recognition and Measurement as issued and amended by the International Accounting Standards Board (IASB). Paragraphs that have been added to this Standard (and do not appear in the text of IAS 39) are identified with the prefix “Aus”, followed by the number of the preceding IASB paragraph and decimal numbering.
Compliance with IAS 39
Entities that comply with AASB 139 as amended will simultaneously be in compliance with IAS 39 as amended.