Bifurcate: Difference between revisions
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imported>Doug Williamson (Update.) |
imported>Doug Williamson (Update.) |
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1. ''Financial reporting'' | 1. ''Financial reporting'' | ||
To split into two parts for the purpose of accounting separately for each part. | To split a complex financial instrument into two parts for financial reporting purposes, for the purpose of accounting separately for each part. | ||
For example, an underlying borrowing and an embedded derivative instrument separated for accounting purposes under IAS 39 or IFRS 9. | For example, an underlying borrowing and an embedded derivative instrument separated for accounting purposes under IAS 39 or IFRS 9. | ||
Revision as of 18:00, 11 December 2016
1. Financial reporting
To split a complex financial instrument into two parts for financial reporting purposes, for the purpose of accounting separately for each part.
For example, an underlying borrowing and an embedded derivative instrument separated for accounting purposes under IAS 39 or IFRS 9.
2.
To split into two parts for any other purpose.
