CFM21550 - Accounting for corporate finance: International Financial Reporting Standards: IAS 39: classification of financial assets and financial liabilities: fair value through profit and loss: accounting periods before 1 January 2006

For those entities applying IFRS or FRS 101 with an accounting period beginning on or after 1 January 2018 refer to IFRS 9 for the recognition and measurement of financial instruments at CFM 21800+.

Accounting at fair value: periods before 1 January 2006

For accounting periods commencing prior to 1 January 2006, different rules applied to the designation of financial assets and financial liabilities at fair value through profit and loss. A HMRC accountant should be consulted if further details are needed.