Description

This Policy provides guidance to NSW public sector agencies in applying AASB 9 Financial Instruments and AASB 132 Financial Instruments: Presentation, including:

• likely classification of financial instruments

• impairment of financial assets and

• hedge accounting.

This Policy is applicable to all NSW public sector agencies (including Statutory State-Owned Corporations) for financial years beginning on or after 1 July 2018. It supersedes the previous Treasury Policy and Guidelines Paper of the same name (TPP 08-1).