Welcome to the website of the IFRS Foundation and the IASB

Wednesday 20 August 2014

Banner graphic

Financial instruments - puttable instruments

Financial instruments: Puttable instruments


Financial Instruments - puttable financial instruments and obligations arising on liquidation


 

This project has been completed.  In February 2008 the IASB issued Amendments to IAS 32 Financial Instruments: Presentation and IAS 1 Presentation of Financial StatementsPuttable Financial Instruments and Obligations Arising on Liquidation . The new requirements will apply for annual periods beginning on 1 January 2009, with earlier application permitted.

The amendments are available on our subscriber website. Printed copies can be purchased from our Publications Department .

Effect of the amendments

The amendments classify the following types of financial instruments as equity, provided they have particular features and meet specific conditions:

  • puttable financial instruments (for example, some shares issued by co-operative entities)
  • instruments, or components of instruments, that impose on the entity an obligation to deliver to another party a pro rata share of the net assets of the entity only on liquidation (for example, some partnership interests and some shares issued by limited life entities)
Read more

 

Last IASB meeting update

20 September 2011

On the recommendation of the IFRS Interpretations Committee, the IASB discussed a possible scope exclusion to IAS 32 for put options written over the non-controlling interest in the consolidated financial statements of a group.

Read the full meeting update and all previous updates and observer notes for this project.

Click here to listen to the IASB meeting audio playback.


Page last updated: 29 September 2011

 

Related information

Project contact

Liz Figgie 
Senior Project Manager
email: efiggie@iasb.org