Title: Zmiany międzynarodowych standardów sprawozdawczości finansowej w zakresie instrumentów finansowych odpowiedzią na kryzys finansowy


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Zmiany międzynarodowych standardów sprawozdawczości finansowej w zakresie instrumentów finansowych odpowiedzią na kryzys finansowy

Alternative title:

Changes in the international financial reporting standards regarding financial instruments as an answer to the financial crisis


Żukowska, Jolanta

Subject and Keywords:

financial instrument   fair value   amortised cost   the risk associated with financial instruments   limiting the financial crisis  
instrumenty finansowe   kryzys finansowy   sprawozdania finansowe


Od 2013 pt.: Ekonomia - Wroclaw Economic Review


IAS 39 contains several requirements for the presentation of information regarding fi nancial instruments. The regulations were complex and diffi cult to implement, and at the same time they did not emphasise the need to disclose the risk associated with fi nancial instruments. The next standard, IFRS 7, includes not only the requirement to disclose credit risk, liquidity risk and market risk, but also the requirement to disclose the signifi cance of fi nancial instruments for the entity’s fi nancial position and performance, the nature and scope of risks resulting from fi nancial instruments as well as how those risks are managed. The standard preceded the crisis and became an initial solution in reducing it. The amendments to the IFRS 7 from 2009 were to ensure reliable valuation of fi nancial instruments at fair value. From that moment on, the lowest level information determines the valuation of the instrument. If the data is unobservable, then the instrument is categorised in the lowest level. The new IFRS 9 introduced several simplifi cations. The requirement to separate embedded derivatives from the basic fi nancial instrument as well as the requirement to reclassify the instrument if the business model has not changed were both abandoned. The necessity for disclosure and evaluation of the risk associated with fi nancial instruments as well as for the presentation of the ways this risk is managed remained. The hierarchy of valuation at fair value was also not changed. All these activities are to help overcome the fi nancial crisis as well as limit the possibility of such crises occuring in the future

Place of publishing:



Wydawnictwo Uniwersytetu Wrocławskiego

Date issued:


Date copyrighted:


Detailed Type:

czasopisma online


oai:repozytorium.uni.wroc.pl:96332   ISSN 2084-4093


pol   eng


Acta Universitatis Wratislaviensis, ISSN 0239-6661 ; no 3535. Ekonomia, ISSN 2084-4093 ; 19/2 s. 9-21

WUL Catalog:

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Is version of:

Czasopisma Naukowe w Sieci

Rights holder:

Copyright by Wydawnictwo Uniwersytetu Wrocławskiego Sp. z o.o.

Location of original object:

Biblioteka Wydziału Prawa, Administracji i Ekonomii

Autor opisu:

WR U/PAdjm

Object collections:

Last modified:

Mar 10, 2023

In our library since:

Sep 20, 2019

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