THE ACCOUNTING MISMATCH IFRS 9 Financial Instruments earries forward the concept of dealing with accounting mismatches from IAS 39 Financial Instruments. As accounting mismatches will continue to exist in the foreseeable future as a result of the inherent structure of their proper treatme: Screenshot 2020-04-01 at 07.25.08_SM An accounting mismatch could occur where, in the absence of the fair would be classified as available for rectly in equity) w value option, a fin vith most changes in fair value rec related liability is measured at amortised cost (with changes in fair value not recognised). In such cireun ntity may conclude that the financial relevant information if both iterns are nents provid measured at fair value through proft or loss (FVTPL). Designations as at