The December 2012, Issue 8 of KPMG's ISG IFRS Newsletter: Financial Instruments -- The Future of IFRS Financial Instruments Accounting, summarizes the tentative decisions that the IASB reached in December 2012 about its project on financial instruments.
The IASB tentatively decided to:
- Re-expose the impairment standard in the first quarter of 2013 with a 120-day comment period
- Discuss feedback received on the general hedging review draft in January 2013
- Issue a final general hedging standard late in the first quarter of 2013