Financial instrument

From ACT Wiki
Revision as of 09:30, 2 May 2018 by Doug Williamson (Talk | contribs) (Categorise.)

(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to: navigation, search

A security or other contract giving the holder of the financial instrument a claim on another party.

For financial reporting purposes, IAS 32 defines a financial instrument as any contract that gives rise to a financial asset of one entity and a financial liability or equity instrument of another entity.


See also