AASB 2010-7 - Amendments to Australian Accounting Standards arising from AASB 9 (December 2010) - December 2010
44JWhen an entity first applies AASB 9, it shall disclose qualitative information to enable users to understand:
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44J When an entity first applies AASB 9, it shall disclose qualitative information to enable users to understand:
(a) how it applied the classification requirements in AASB 9 to those financial assets whose classification has changed as a result of applying AASB 9; and
(b) the reasons for any designation or de-designation of financial assets or financial liabilities as measured at fair value through profit or loss.
44N AASB 2010-7 Amendments to Australian Accounting Standards arising from AASB 9 (December 2010), issued in December 2010, amended paragraphs 2-5, 8-10, 11, 14, 20, 28, 30, Appendix A, B1, B5, B10(a), B22 and B27, added paragraphs 10A, 11A, 11B, 12B-12D, 20A, 44I and 44J, and deleted paragraphs 12, 12A, 29(b), 44H, B4 and Appendix D. An entity shall apply those amendments when it applies AASB 9 as issued in December 2010.