Exposure Draft and Comment Letters
On 5 November 2009 the International Accounting Standards Board (IASB) published for public comment an exposure draft on the amortised cost measurement and impairment of financial instruments.
The proposals form the second part of a three-part project to replace IAS 39 Financial Instruments: Recognition and Measurement with a new standard, to be known as IFRS 9 Financial Instruments. Proposals on the classification and measurement of financial instruments were published in July, with a final standard expected shortly, while proposals on hedge accounting continue to be developed.
Comment Letter deadline
The exposure draft is open for comment until 30 June 2010.
How to submit a Comment Letter
- Go to the Comment Letters page via the link on the top left hand side of this page
- Click Submit Comment Letter button.
- Log on using your subscription to eIFRS. If you do not have a subscription, and have not previously registered, you will be required to register. Registration is free and only takes 5 minutes.
- Click Continue button.
- Locate your Comment Letter on your computer using the Browse button and click Upload button when done.
- Click Continue button.