Transcription of FINANCIAL INSTRUMENTS - isca.org.sg
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FINANCIAL INSTRUMENTS Dr. Barry EpsteinAbout The AuthorBarry Jay Epstein, , CPA, CFF has practiced as a technical and litigation consultant, expert witness, writer and lecturer on US GAAP, IFRS, and auditing standards for over forty years. He is a principal in the Chicago and Detroit (USA) based firm, Cendrowski Corporate Advisors LLC, and holds degrees from DePaul University ( , 1967), University of Chicago ( , 1969), and University of Pittsburgh ( , 1979), as well as the CPA and CFF (certified in FINANCIAL forensics) designations. He was a founding and the lead author of the widely-used Wiley GAAP and Wiley IFRS through 2010, and author of Thomson Reuters Handbook of accounting and Auditing, through 2013, and has authored scores of professional articles for major a speaker, Dr.
FINANCIAL INSTRUMENTS I. INTRODUCTION A. Singapore FRS 39, Financial Instruments: Recognition and Measurement, is the major standard that addresses the accounting for financial assets and financial liabilities, and is identical to IAS 39, as revised. The original IAS 39 was issued in 1998, and was revised or amended in 2000, 2003, 2005 and 2009. It
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