Exposure draft on mandatory effective date of IFRS 9 [Aug 2011]

On 4 August 2011 the International Accounting Standards Board (IASB) published for public comment an exposure draft of proposals to adjust the mandatory effective date of IFRS 9 Financial Instruments.

In publishing the exposure draft, the Board noted the importance of aligning all phases of the project (both completed and ongoing) to have the same effective date.

The comment period of the exposure draft closed on 21 October 2011.

Click here to read the comment letters.