IAS 39 and Reserves: Difference between pages

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imported>Doug Williamson
(Updated entry: Added link to Treasurer's Handbook)
 
imported>Doug Williamson
(Added numbering to the two definitions and more spacing)
 
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International Accounting Standard 39, dealing with financial instruments: recognition and measurement.
1.  


''Accounting''. 


Will be largely superseded by the 2014 revised IFRS 9 'Financial Instruments' which comes into full effect from January 2018.  
Reserves represent the amount of money ‘owed’ to the owner (shareholder) of the company.


In a profitable and conservative company, reserves will normally comprise a significant balance of accumulated undistributed profits.


== See also ==
 
* [[ALFV]]
2.
* [[Available-for-sale]]
 
* [[FRS  5]]
''Banking''.
* [[FRS 26]]
 
* [[Hedge effectiveness]]
Deposits maintained by non-[[central bank]] [[monetary financial institution]]s with their central bank in the latter's capacity as 'the bankers' bank'. Central banks may require institutions to maintain minimum balances with the central bank, in which case balances in excess of the minimum are known as 'excess reserves'.
* [[Held for trading]]
 
* [[Held-to-maturity]]
Of course banks publish accounts and use the term in the accounting sense also - do not be confused by this.
* [[HFT]]
* [[IAS 18]]
* [[IAS 32]]
* [[IFRS  9]]
* [[IFRS 9 hedge accounting reforms: a closer reflection of risk management?]]
* [[International Financial Reporting Standards]]
* [[Loans and receivables]]
* [[MCT]]




==Other links==
== See also ==
[http://www.treasurers.org/node/3333 IAS 39 implementation experience reported by ACT members, 2005]
* [[Interest on excess reserves]]
* [[Merger reserve]]
* [[Official reserves]]
* [[Reserve requirements]]
* [[Special drawing rights]]
* [[Trapped cash]]


[[Category:Accounting,_tax_and_regulation]]
[[Category:Long_term_funding]]
[[Category:Compliance_and_audit]]

Revision as of 09:44, 30 May 2015

1.

Accounting.

Reserves represent the amount of money ‘owed’ to the owner (shareholder) of the company.

In a profitable and conservative company, reserves will normally comprise a significant balance of accumulated undistributed profits.


2.

Banking.

Deposits maintained by non-central bank monetary financial institutions with their central bank in the latter's capacity as 'the bankers' bank'. Central banks may require institutions to maintain minimum balances with the central bank, in which case balances in excess of the minimum are known as 'excess reserves'.

Of course banks publish accounts and use the term in the accounting sense also - do not be confused by this.


See also