IFRIC 9 Reassessment of Embedded Derivatives
Published March 2006. Effective 1 June 2006.
Withdrawn for periods starting on or after 1 January 2018 when IFRIC 9 is superseded by IFRS 9 Financial Instruments.
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IAS 39 requires that an entity, upon initially becoming party to a hybrid contract, assesses whether embedded derivatives should be separated from the host contract and accounted for separately.
IFRIC 9 clarifies that subsequent reassessment is prohibited unless the terms of the hybrid contract change such that cash flows are modified.
It also clarifies that en entity adopting IFRS for the first time should assess whether any embedded derivative should be separated on the basis of conditions that existed at the date it first became party to the contract. If a subsequent change in the contract has since modified the cash flows, the conditions at the date of the change should instead be used as the basis of assessment.
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|Annual period starts||Effective version of standard||Notes on amendments|
|1 January 2016 – 31 December 2017||IFRIC 9 2017 Required Standards||-|
IFRSs Referred to by IFRIC 9
- IFRS 1 First Time Adoption of IFRS
- IFRS 3 Business Combinations
- IAS 39 Financial Instruments: Recognition and Measurement
This page was last updated 21 March 2019.