Download Guide on IFRS 9 Financial Instruments as at 2025

 


Hello, welcome to IFRS IS EASY!

Note: All the materials in this blog post have been made available to the public for free download by the respective sources. They are compiled here for ease of access to you.

IFRS 9 Financial instruments is an accounting standard that requires several hours of study to understand. Yet, it has one of the most significant impact on businesses all over the world. Literally every company has a financial instrument in its books, and as such, every accountant is expected to have a good knowledge of IFRS 9 Financial instruments.

This blog post compiles for you guidance made available by the Big 4 and other Audit firms to help you with the learning and understanding of IFRS 9.

Fun fact:

  • The first company to adopt IFRS 9 was the European Central Bank, which adopted it in 2018.
  • The largest financial instrument in the world is the US Treasury market. The US Treasury market is over $25 trillion in size, and it is used to finance the US government's debt.
  • The IASB spent over 10 years developing IFRS 9, and it is one of the most complex accounting standards ever issued.
  • IFRS 9 has been translated into over 40 languages, and it is used by companies in over 140 countries around the world.
  • The most complex financial instrument ever created was the credit default swap (CDS). CDSs were used to insure against the default of debt obligations, and they played a major role in the financial crisis of 2008.

The below resources (PDF, videos and eLearns) provide comprehensive coverage of IFRS 9, including its key requirements and practical guidance. Whether you are new to IFRS 9 or need a refresher, these resources will be helpful..

Financial Instruments Summary:

Pdf

Source: PwC

PwC Financial instruments summary - IFRS 9 Pdf

PwC Financial instruments practical guide - IFRS 9 Pdf

Source: BDO

BDO Financial instruments summary - IFRS 9 Pdf

Video

Source: IFRS IS EASY

Financial Instruments Masterclass - IFRS 9 video

Understanding Financial instruments - IFRS 9 video



Illustrative financial statements for Banks (IFRS 9 Financial instruments): 


Other Financial Instruments Topics:

eLearn

Source: BDO

BDO Intercompany loans - IFRS 9 eLearn

BDO Disclosures - IFRS 7 and 9 eLearn


IFRS 9 Standard

Source: IASB

Access the IFRS 9 Standard here


Share your experience in the comment section below about learning and understanding IFRS 9.

IFRS IS EASY

IFRS IS EASY is dedicated to teaching you about IFRS, US GAAP and IFRS Sustainability Standards. You'll get a variety of resources to help you learn about IFRS, including free online courses,documents, articles, and videos that cover the basics of IFRS and complex topics. Adedamola Otun (the Founder) has garnered experience in the Accounting Advisory unit of the Big4 Audit Firms with only one goal - to simplify IFRS for everyone.

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