Disclosure and presentation

Equity Instrument Disclosures 
IG15. 
A comprehensive example of the disclosures required of financial 
instruments under this Standard appears in Illustrative Examples, paragraph 
IE31. 
Risk 
IG16. 
A discussion on various forms of risk associated with financial instruments 
is located in paragraph 49 of the Standard. While the Standard requires 
disclosure of risk management objectives and policies (paragraph 50), the 
associated commentary paragraphs 51–53 indicate that aside from the 
specific inclusion required under paragraph 50, the format, location and 
level of detail is subject to management’s judgement.
Terms, Conditions and Accounting Policies 
IG17. 
The Standard requires disclosure of the extent and nature of financial 
instruments, and the accounting policies and methods employed (paragraph 
54). Commentary paragraphs 55–62, and Illustrative Examples, paragraphs 
IE26 and IE27, provide guidance on the types of information that may be 
appropriate and instances where disclosure of information is warranted.
Interest Rate Risk 
IG18. 
The reasons for the disclosures about interest rate risk exposure required by 
paragraph 63 and guidance on the types of information that should be 
disclosed is located in commentary paragraphs 64–70. Guidance on the 
presentation of this information is presented in paragraphs 71 and 72.
Equity Instruments 
For each class, disclose information 
about: 
 The extent and nature of the 
instrument and the accounting 
policies and methods adopted 
(para 54) 
For equity instruments accounted for 
as a hedge of risks associated with 
anticipated future transactions, 
disclose:
 A description of the transaction 
and hedging instruments 
 The amount of
any deferred or 
unrecognized gain/loss and the 
expected timing of 
revenue/expense recognition 
(para 98) 

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Credit Risk 
IG19. 
The reasons for the disclosures about credit risk information for the 
financial assets of the entity are located at paragraph 74 and 75 of the 
Standard. Commentary paragraphs 76–83 provide readers with examples 
and discussion of instances where additional credit risk information is 
desirable or warranted. 
Fair Value 
IG20. 
Paragraph 85 explains why the Standard requires the disclosure of fair value 
information. Discussion regarding the determination of a fair value amount 
is located at paragraphs 86–91, and at paragraph 93 of the Standard.
IG21. 
Paragraph 84 of the Standard provides preparers with relief from having to 
disclose fair value information for each class of financial asset and financial 
liability where it is not practicable with regard to time or cost. Discussion 
regarding this relief, and the information to be disclosed is found in 
commentary paragraph 92.
IG22. 
Where classes of financial assets or financial liabilities are carried at other 
than at their fair value, paragraph 94 notes that information should be 
provided in a manner that permits comparison between the carrying value 
and the fair value.
Financial Assets Carried at an Amount in Excess of Fair Value 
IG23. 
In some instances, management decides not to write down the carrying 
amount of financial assets to their fair value. Paragraph 95 requires certain 
disclosures to be made when this occurs. Paragraph 96 and 97 provide 
discussion of the issue. 
Hedges of Anticipated Future Transactions 
IG24. 
Paragraph 98 requires certain disclosures to be made in respect of financial 
instruments used for hedging risks related to an anticipated future 
transaction. Paragraph 99 explains why these disclosures are important. It 
also explains when such information may be provided on an aggregate 
basis. Paragraph 100 clarifies the types of items that would be included 
within paragraph 98(c) pertaining to the disclosure of any deferred or 
unrecognized gain or loss. 
Other Disclosure 
IG25. 
The Standard encourages preparers to disclose information that would be 
expected to enhance users’ understanding of financial instruments. 
Examples of such disclosures are included in paragraph 101. 

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