Exposure Draft and comment letters—Derecognition (Proposed amendments to IAS 39 & IFRS 7)


On 31 March 2009 the International Accounting Standards Board (IASB) published for public comment an exposure draft of proposals to improve the derecognition requirements for financial instruments.

Derecognition is when an entity removes a financial instrument from its financial statements. This occurs if the entity no longer controls a financial asset or no longer has an obligation to settle a financial liability.

The Exposure Draft was open for comment until 31 July 2009.


Comment letters are public and all comment letters received on the due process document can be accessed below.

If you have trouble finding a specific comment letter, please contact us.

Access individual comment letters in the table below or download all letters as zip file.

ID Submitter

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