财务报表标准金融证券： 公认和测量(1)

FinancialInstruments:RecognitionandMeasurementFRS39FinancialInstruments:RecognitionandMeasurementwasissuedbytheCCDGinMay2003andwasoperativeforfinancialstatementscoveringperiodsbeginningonorafter1January2005.ThisStandardwasfirstrevisedinJuly2004.AsecondrevisionwasmadeinSeptember2004andsupersedesFRS39issuedinJuly2004.AthirdrevisionwasmadeinMarch2005.AnentityshallapplythisStandardforannualperiodsbeginningonorafter1January2005.Earlierapplicationispermitted.FRS39FINANCIALREPORTINGSTANDARDContentsParagraphINTRODUCTIONIN1-IN26FinancialReportingStandard39FinancialInstruments:RecognitionandMeasurementOBJECTIVE1SCOPE2–7DEFINITIONS8–9EMBEDDEDDERIVATIVES10–13RECOGNITIONANDDERECOGNITION14–42InitialRecognition14DerecognitionofaFinancialAsset15–37TransfersthatQualifyforDerecognition24–28TransfersthatDoNotQualifyforDerecognition29ContinuingInvolvementinTransferredAssets30–35AllTransfers36–37RegularWayPurchaseorSaleofaFinancialAsset38DerecognitionofaFinancialLiability39–42MEASUREMENT43–69InitialMeasurementofFinancialAssetsandFinancialLiabilities43–44SubsequentMeasurementofFinancialAssets45–46SubsequentMeasurementofFinancialLiabilities47FairValueMeasurementConsiderations48–49Reclassifications50–54GainsandLosses55–57ImpairmentandUncollectibilityofFinancialAssets58–70FinancialAssetsCarriedatAmortisedCost63–65FinancialAssetsCarriedatCost66Available-for-SaleFinancialAssets67–70HEDGING71–102HedgingInstruments72–77QualifyingInstruments72–73DesignationofHedgingInstruments74–77HedgedItems78–84QualifyingItems78–80DesignationofFinancialItemsasHedgedItems81–81ADesignationofNon-FinancialItemsasHedgedItems82DesignationofGroupsofItemsasHedgedItems83–84HedgeAccounting85–102FairValueHedges89–94CashFlowHedges95–101HedgesofaNetInvestment102EFFECTIVEDATEANDTRANSITION103–108WITHDRAWALOFOTHERPRONOUNCEMENTS109–110APPENDIXA:APPLICATIONGUIDANCEAG1–AG111SCOPEAG1–AG4DEFINITIONSAG5–AG26EffectiveInterestRateAG5–AG8DerivativesAG9–AG12ATransactionCostsAG13FinancialAssetsandFinancialLiabilitiesHeldforTradingAG14–AG15Held-to-MaturityInvestmentsAG16–AG25LoansandReceivablesAG26EmbeddedDerivativesAG27–AG33RecognitionandDerecognitionAG34–AG63InitialRecognitionAG34–AG35DerecognitionofaFinancialAssetAG36–AG52TransfersthatQualifyforDerecognitionAG45–AG46TransfersthatDoNotQualifyforDerecognitionAG47ContinuingInvolvementinTransferredAssetsAG48AllTransfersAG49–AG50ExamplesAG51–AG52RegularWayPurchaseSaleOfaFinancialAssetAG53–AG56DerecognitionofaFinancialLiabilityAG57–AG63MeasurementAG64–AG91InitialMeasurementofFinancialAssetsandFinancialLiabilitiesAG64–AG65SubsequentMeasurementofFinancialAssetsAG66–AG68FairValueMeasurementConsiderationsAG69–AG82ActiveMarket:QuotedPriceAG71–AG73NoActiveMarket:ValuationTechniqueAG74–AG79NoActiveMarket:EquityInstrumentsAG80–AG81InputstoValuationTechniquesAG82GainsandLossesAG83ImpairmentandUncollectibilityofFinancialAssetsAG84–AG93FinancialAssetsCarriedatAmortisedCostAG84–AG92InterestIncomeAfterImpairmentRecognitionAG93HedgingAG94–AG113HedgingInstrumentsAG94–AG97QualifyingInstrumentsAG94-AG97HedgedItemsAG98–AG101QualifyingItemsAG98–AG99DesignationofFinancialItemsasHedgedItemsAG99A–AG99BDesignationofNon-FinancialItemsasHedgedItemsAG100DesignationofGroupsofItemsasHedgedItemsAG101HedgeAccountingAG102–AG132AssessingHedgeEffectivenessAG105–AG113FairValueHedgeAccountingforaPortfolioHedgeofInterestRateRiskAG114–AG132APPENDIXB:AMENDMENTSTOOTHERPRONOUNCEMENTSAMENDMENTSTOFRS101B1AMENDMENTSTOFRS12B2AMENDMENTSTOFRS18B3AMENDMENTSTOFRS19B4AMENDMENTSTOFRS30B5AMENDMENTSTOFRS36B6AMENDMENTSTOFRS37B7TableofConcordanceIllustrativeExample(seeseparatedocument)ImplementationGuidance(seeseparatedocument)FinancialReportingStandard39FinancialInstruments:RecognitionandMeasurement(FRS39)issetoutinparagraphs1-110andAppendicesAandB.Alltheparagraphshaveequalauthority.FRS39shouldbereadinthecontextofitsobjective,thePrefacetoFinancialReportingStandardsandtheFrameworkforthePreparationandPresentationofFinancialStatements.FRS8AccountingPolicies,ChangesinAccountingEstimatesandErrorsprovidesabasisforselectingandapplyingaccountingpoliciesintheabsenceofexplicitguidance.1IntroductionReasonsforRevisingFRS39IN1.FinancialReportingStandard39FinancialInstruments:RecognitionandMeasurement(FRS39)replacesFRS39FinancialInstruments:RecognitionandMeasurement(issued2003)andshouldbeappliedforannualperiodsbeginningonorafter1January2005.Earlierapplicationispermitted.IN2.TherevisedFRS39wasdevelopedaspartoftheimprovementstoFRS32FinancialInstruments:DisclosureandPresentationandFRS39.Theobjectiveoftheimprovementwastoreducecomplexitybyclarifyingandaddingguidance,eliminatinginternalinconsistenciesandincorporatingintotheStandardelementsofInterpretationsofFinancialReportingStandards.IN3.ForFRS39,themainobjectivewasalimitedrevisiontoprovideadditionalguidanceonselectedmatterssuchasderecognition,whenfinancialassetsandfinancialliabilitiesmaybemeasuredatfairvalue,howtoassessimpairment,howtodeterminefairvalueandsomeaspectsofhedgeaccounting.Thefundamentalapproachtotheaccountingforfinancialinstrumentscontaine