alleryStart learning →On which date did IFRS 9 come into force, replacing the earlier financial instruments standard?
A1 July 2016
B1 April 2015
C1 January 2013
D1 January 2018
Answer & Solution
Correct answer: D. 1 January 2018
The IASB made IFRS 9 effective from 1 January 2018, which ended the use of IAS 39.
Keep practising Ind AS 109 Financial Instruments
Browse all Ind AS 109 Financial Instruments questions for CA Final, or explore more Financialreporting topics.
Related questions
The 2009 IFRS 9 model for debt assets allowed which two approaches?IFRS 9 hedge documentation must describe what?How did IFRS 9 change hedge accounting for non-financial entities?What must an entity do to qualify for hedge accounting?Which exchange is noted for rice futures traded since the eighteenth century?As an option nears expiry, what happens to its time value?Which portion of IFRS 9 did the IASB issue first, in 2009?Under the FASB CECL model, losses are recognised over what period from acquisition?