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  • Service: Audit, IFRS
  • Type: Business and industry issue
  • Date: 1/30/2014

Financial Instruments – Two more phases almost complete 

Most of the outstanding matters on the classification and measurement and impairment phases of the IASB’s financial instruments project were finalised during January’s Board meetings, pointing the way towards a final standard in the second quarter of 2014.

This month’s meetings focused on the presentation and disclosure requirements for each phase, as well as transition. The Board also concluded that its objective of improved interaction between the classification and measurement of financial assets and the accounting for insurance contract liabilities has been achieved with its reaffirmed proposals for a third measurement category.


A discussion paper on macro hedge accounting is still expected in the first quarter of 2014.

IFRS Newsletter: Financial Instruments - issue 19, January 2014

Feature image
This IFRS Newsletter looks at the IASB's January discussions on the financial instruments (IAS 39) replacement project.

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