About the project

On 12 November 2009, the IASB published IFRS 9 Financial Instruments which covers the classification and measurement of financial assets. The Board finalised this phase in time to allow, but not require, early application for 2009 year-end financial statements. The IASB is now addressing the classification and measurement of financial liabilities. In May 2010, the IASB published the exposure draft Fair Value Option for Financial Liabilities.

Last IASB meeting update

July 2010 In May 2010 the IASB published an exposure draft Fair Value Option for Financial Liabilities. The comment period ended on 16 July 2010. At this meeting the Board discussed an overview of the comments received on the ED. No decisions were made.
August 2010 The staff prepared a paper to update the Board on an administrative matter. This paper was for information purposes only and was not discussed during the meeting.

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