Financial Instruments with Characteristics of Equity – International Accounting Standards Board
At its meeting on July 22-25, 2019, the Board met to hear a summary of feedback on the Board’s proposals set out in the Discussion Paper. The summary related to the following sections of the Discussion Paper: Section 1—Objective, scope and challenges; Section 6—Presentation; Section 7—Disclosures; and Section 8—Contractual terms. The Board was not asked to make any decisions. The Board will discuss the project’s direction at a future meeting. At its joint meeting with FASB on July 23, 2019, the Board also received an update on the FASB project on Distinguishing Liabilities from Equity.
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