Global Standards for the world economy

Monday 29 May 2017

Banner graphic


Exposure draft [Jan 2010]


 Exposure draft and comment letters


On 5 January 2010 the International Accounting Standards Board (IASB) published for public comment an exposure draft of one section of a replacement for IAS 37 Provisions, Contingent Liabilities and Contingent Assets. The section contains revised proposals for measuring liabilities within the scope of IAS 37.

IAS 37 applies to liabilities not covered by other accounting standards, such as liabilities to decommission assets and liabilities arising from legal disputes. The IASB previously published proposals to amend IAS 37, including revised measurement requirements. In the light of the comments received the IASB identified a need to develop more guidance on one part of those proposals: the measurement of these liabilities. The proposals published seek public comment on that draft guidance.

The exposure draft was open for comment until 19 May 2010.

Click here to read a comment letter.

Access the due process documents


Due process document
Exposure Draft:  Measurement of Liabilities in IAS 37 [English] [PDF, 242 Kb]
Exposé-sondage:  Évaluation des passifs dans IAS 37 [French] [PDF, 139 Kb]


Related information

Click here for the Snapshot summary document