Derecognition - Revision history

Doug: Add treasury relevant quote and resource.

2025-02-22T17:41:13Z

Add treasury relevant quote and resource.

← Older revision		Revision as of 17:41, 22 February 2025
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	''Financial reporting''.		''Financial reporting - IFRS 9''.

	Derecognition means ceasing to recognise a financial asset or financial liability in an entity's balance sheet (statement of financial position).		Derecognition means ceasing to recognise a financial asset or financial liability in an entity's balance sheet (statement of financial position).


			:<span style="color:#4B0082">'''''Criteria for derecognition - financial liabilities - financial assets'''''</span>

			:"IFRS 9 stipulates that a financial liability should be derecognised when it is extinguished - ie when the contractual obligation is discharged, cancelled or expires.

			:As for financial assets, these should be derecognised when the contractual rights to its cash flows expire, or when the asset is transferred (and the transfer qualifies for derecognition)."

			:''David Passarinho MCT - The Treasurer - 2025 Issue 1, p28''.


	== See also ==		== See also ==
	*[[Balance sheet]]		*[[Balance sheet]]
			*[[Disclosure]]
	*[[Financial asset]]		*[[Financial asset]]
	*[[Financial liability]]		*[[Financial liability]]

imported>Doug Williamson: Update link.

2022-01-29T19:01:14Z

Update link.

← Older revision		Revision as of 19:01, 29 January 2022
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	*[[Financial liability]]		*[[Financial liability]]
	*[[Financial reporting]]		*[[Financial reporting]]
	*[[~~IAS 39~~]]		* [[IFRS 9]]
	*[[Income statement]]		*[[Income statement]]
	*[[Notes]]		*[[Notes]]

imported>Doug Williamson: Classify page.

2021-08-10T20:34:35Z

Classify page.

← Older revision		Revision as of 20:34, 10 August 2021
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	*[[Statement of changes in equity]]		*[[Statement of changes in equity]]
	*[[Statement of financial position]]		*[[Statement of financial position]]

			[[Category:Accounting,_tax_and_regulation]]
			[[Category:The_business_context]]

imported>Doug Williamson: Add links.

2021-08-10T20:34:16Z

Add links.

← Older revision		Revision as of 20:34, 10 August 2021
Line 1:		Line 1:
	''Financial reporting''.		''Financial reporting''.

	Derecognition means ceasing to recognise a financial asset or financial liability in an entity's statement of financial position.		Derecognition means ceasing to recognise a financial asset or financial liability in an entity's balance sheet (statement of financial position).


	== See also ==		== See also ==
			*[[Balance sheet]]
	*[[~~Statement of financial position~~]]		*[[Financial asset]]
	*[[~~Recognition~~]]		*[[Financial liability]]
			*[[Financial reporting]]
	*[[IAS 39]]		*[[IAS 39]]
	*[[Income statement]]		*[[Income statement]]
	*[[Notes]]		*[[Notes]]
			*[[Recognition]]
			*[[Reporting entity]]
	*[[Statement of cash flows]]		*[[Statement of cash flows]]
	*[[Statement of changes in equity]]		*[[Statement of changes in equity]]
			*[[Statement of financial position]]

imported>Doug Williamson: Create the page. Source: PwC Inform UK: https://inform.pwc.com/inform2/show?action=informContent&id=0902113203146632

2015-07-18T11:18:19Z

Create the page. Source: PwC Inform UK: https://inform.pwc.com/inform2/show?action=informContent&id=0902113203146632

New page

''Financial reporting''.

Derecognition means ceasing to recognise a financial asset or financial liability in an entity's statement of financial position.

== See also ==

*[[Statement of financial position]]
*[[Recognition]]
*[[IAS 39]]
*[[Income statement]]
*[[Notes]]
*[[Statement of cash flows]]
*[[Statement of changes in equity]]