AASB 2009-11 - Amendments to Australian Accounting Standards arising from AASB 9 - December 2009
Amendments to AASB 139Amendments to AASB 139
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Amendments to AASB 139
36 Paragraph 1 is amended as follows:
1 The objective of this Standard is to establish principles for recognising and measuring financial assets, financial liabilities and some contracts to buy or sell non-financial items. Requirements for presenting information about financial instruments are in AASB 132 Financial Instruments: Presentation. Requirements for disclosing information about financial instruments are in AASB 7 Financial Instruments: Disclosures. Requirements for classifying and measuring financial assets are in AASB 9 Financial Instruments.
37 In paragraph 9, a definition of ‘held for trading’ is added and the heading ‘Definitions of four categories of financial instruments’ and the definition of ‘financial asset or financial liability at fair value through profit or loss’ are amended as follows: