Accounting Standard AASB 2024-2 Amendments to Australian Accounting Standards – Classification and Measurement of Financial Instruments
ObjectiveObjective
Start here
Get a plain-English read of Objective
Turn the raw legal text into a practical explanation grounded in Accounting Standard AASB 2024-2 Amendments to Australian Accounting Standards – Classification and Measurement of Financial Instruments.
Objective
This Standard amends AASB 7 Financial Instruments: Disclosures (August 2015) and AASB 9 Financial Instruments (December 2014) as a consequence of the issuance of International Financial Reporting Standard Amendments to the Classification and Measurement of Financial Instruments (Amendments to IFRS 9 and IFRS 7) by the International Accounting Standards Board in May 2024.