skip to content

A Guide to Financial Instruments for Private Enterprises and Not-for-Profit Organizations

This publication provides an overview of ASPE Section 3856, Financial Instruments. It discusses:

  • The scope of the standard
  • Common financial instruments
  • Recognition
  • Initial and subsequent measurement
  • Impairment
  • Liability vs equity classification, including classification of retractable or mandatorily redeemable shares issued in a tax planning arrangement (RoMRS)
  • Offsetting
  • Derecognition
  • Disclosure
  • First-time adoption requirements

Read the document


BDO can help you navigate the road ahead

Applying financial reporting standards can be quite complex. The BDO team can help you assess your situation and prepare for the opportunities and challenges involved.

Contact us today to start the conversation

This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our privacy statement for more information on the cookies we use and how to delete or block them.

Accept and close