Sunday 21 March 2010

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Financial Instruments: Replacement of IAS 39

Discussion Paper and Comment Letters


 

On the 19 March 2008 the International Accounting Standards Board published for public comment a discussion paper Reducing Complexity in Reporting Financial Instruments.

The discussion paper discusses the main causes of complexity in reporting financial instruments. It also discusses possible intermediate and long-term approaches to improving financial reporting and reducing complexity.

 

Comment Letter deadline


The exposure draft was open for comment until 19 September 2008. The Comment period is now closed.