IMPACT OF THE INTRODUCTION OF IFRS 9 ON ENTITIES ENGAGED IN OTHER FINANCIAL ACTIVITIES
The introduction of the new International Financial Reporting Standard 9 has brought significant changes to the valuation of financial assets and liabilities. The objective of this research is to explore the impact of this on companies engaged in other financial activities in Hungary. During the study, I analysed the financial statements of twelve financial companies, examining the manner of transition to the new standard and its consequences. The data were processed and the valuation methods under the old and the new standard were compared. The analysis showed that most companies reported financial liabilities at amortized cost, while financial assets were typically reported at fair value. However, during the transition, it was not always clear why companies had chosen the model. Further research is needed to explain this in detail.
XIII. ÉVFOLYAM 2025. SPECIAL ISSUES 1. 66-72
DOI: 10.24387/CI.SI.2025.1.9
