Difference between revisions of "Derecognition"
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== Definition == | == Definition == | ||
| − | '''Derecognition''' is removal of a previously recognised [[Financial Asset or [[Financial Liability]] from an entity’s | + | '''Derecognition''' is the removal of a (previously recognised) [[Financial Asset]] or [[Financial Liability]] from an entity’s [[Statement of Financial Position]] |
== See Also == | == See Also == | ||
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[[Category:IFRS 9]] | [[Category:IFRS 9]] | ||
| + | [[Category:Accounting]] | ||
Latest revision as of 22:23, 6 September 2021
Definition
Derecognition is the removal of a (previously recognised) Financial Asset or Financial Liability from an entity’s Statement of Financial Position
