Financial instruments - presentation (IAS 32)

1. Scope and definitions

1.1. Overview

1.2. Scope

1.3. Key definitions

2. Current issues and further resources

2.1. Current issues

2.1.1. Covid-19 considerations

2.1.2. Future amendments

2.1.3. Reporting framework differences

2.1.4. IFRIC agenda

2.2. Further resources

2.2.1. Model accounts

2.2.2. Reported Disclosures

2.2.3. IFRS checklist

3. Liabilities and equities

3.1. Liabilities and equity

3.2. Distinction between financial liabilities and equity

3.2.1. No contractual obligation to deliver cash or another financial asset

3.2.2. Puttable financial instruments and obligations arising on liquidation

3.2.3. Impact of classification

3.2.4. Preference shares

3.2.5. Purchase of own shares

3.3. Settlement in the entity's own equity instrument

3.3.1. Contract to settle own equity instruments

3.3.2. Contract to purchase own equity instruments

3.4. Contingent settlement provisions

3.5. Settlement options

3.6. Compound financial instruments

3.7. Examples - liabilities vs equity

3.7.1. Preference shares that guarantee a fixed return to the holder

3.7.2. Ordinary shares that are redeemable at the option of the holder

3.7.3. Convertible debt

4. Treasury shares

4.1. Treasury shares not recognised as a financial asset

4.2. Treasury shares in investment, and similar funds

5. Presentation and disclosure

6. Interest, dividends, losses and gains

6.1. Costs of issuing or acquiring own equity instruments

7. Offsetting a financial asset

7.1. Offsetting criteria

7.2. Inappropriate offsetting

7.3. Offsetting vs derecognition

8. Puttable financial instruments