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IFRS Newsletter: Financial Instruments

May 02, 2016
From the Financial Reporting View and the IFRS Institute

The April 2016, Issue 29 of KPMG ISG’s IFRS Newsletter: Financial Instruments summarizes the April IASB meeting at which the Board continued to discuss its project about financial instruments with characteristics of equity. Specifically, the Board discussed:

  • Whether the scope of separate presentation requirements for liabilities that depend on a residual amount should include stand-alone derivatives and embedded derivatives; and
  • Attributing profit or loss and other comprehensive income to equity claims (both non-derivatives and derivatives) other than ordinary shares.

Read KPMG ISG's IFRS Newsletter: Financial Instruments