Global Standards for the world economy

Monday 29 May 2017

Banner graphic


IASB Meeting Summaries and Observer Notes

 IASB December 2009



The Board decided in October 2009 to re-expose for further comment one section of a proposed new standard to replace IAS 37 Provisions, Contingent Liabilities and Contingent Assets. The section contains revised proposals for clarifying the measurement requirements in IAS 37.

The Board aims to publish the exposure draft around the first week of January 2010. It also aims to post a working draft of the entire new standard on its website in February 2010. The working draft will allow interested parties to see the proposed measurement requirements in the context of the proposed new standard as a whole.

At this meeting, the Board decided that the deadline for comments on the exposure draft should be 12 April 2010.

Date: 12/15/2009