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Working Paper 70 - International Accounting Standards - IAS 39 Accounting for Financial Instruments: Implementation Issues and Bank’s Decision - Making Dilemma


The IAS 39 brings visibility in the use of derivative instruments for investors and other financial statements users. However, its implementation requires firms to incur additional investment in technical capacity building including acquisition of asset and liability management systems, systems of evaluation adapted to the types of financial instruments in use and proper training of staff to acquire the necessary skills to handle these systems. It also requires more informative disclosure in the financial statements.

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