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IFRS Newsletter: Financial Instruments – The Future of Financial Instruments Accounting

Feb 29, 2016
From the Financial Reporting View and the IFRS Institute

The February 2016, Issue 28 of KPMG ISG’s IFRS Newsletter: Financial Instruments – The Future of Financial Instruments Accounting summarizes the February IASB meeting at which the Board continued to discuss its project about financial instruments with characteristics of equity. The Board explored presentation options, including sub-classes of financial liabilities and sub-classes within equity, to address the shortcomings of a classification approach that is limited to solely the distinction between liabilities and equity. The Board also discussed claims with conditional alternative settlement outcomes.

Read KPMG ISG’s IFRS Newsletter: Financial Instruments – The Future of Financial Instruments Accounting