The International Accounting Standards Board (IASB) published proposals to improve disclosures about financial instruments in financial statements. The proposals are set out in an Exposure Draft of an International Financial Reporting Standard (IFRS)
ED 7 Financial Instruments: Disclosures. If adopted, the proposed
IFRS would apply to all entities. However, the extent of disclosure required would depend on the extent of the entity’s use of financial instruments and of its exposure to risk.
The text will be available from 2 August on the IASB’s Website
Press release
© IASB - International Accounting Standards Board
Key
Hover over the blue highlighted
text to view the acronym meaning
Hover
over these icons for more information
Comments:
No Comments for this Article