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Chapter CFM21130

Document Cited in Related
Vincent
Published date16 April 2016
Record NumberCFM21130
Examples of financial instruments

The definitions in CFM21060 mean that the following are financial instruments:

  • cash, demand and time deposits, trade accounts receivable and payable and loans of all kinds that are to be settled in cash
  • unconditional lease obligations
  • loan notes, bonds, debentures and other debt securities
  • warrants or options to subscribe for shares of, or purchase shares from, the issuing entity
  • obligations of an entity to issue or deliver shares under such warrants or options
  • derivative financial instruments e.g. financial options, futures and forwards, interest rate swaps and currency swaps
  • contingent liabilities that arise from contracts and will, if they crystallise, be settled in cash - an example is a financial guarantee.

Some of these instruments may, however, be outside the scope of IAS 32 / 39, IFRS 9 or of Sections 11 /12 of FRS 102 - see CFM21140.

Examples of what are not financial instruments

Similarly, the definitions mean that the following are not financial...

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