Derecognition (of a financial instrument) is the removal of a previously recognised financial asset or financial liability from an entity’s statement of financial position.
Source: IAS 39 Financial Instruments: Recognition and Measurement.
Derecognition (of a financial instrument) is the removal of a previously recognised financial asset or financial liability from an entity’s statement of financial position.
Source: IAS 39 Financial Instruments: Recognition and Measurement.
