Financial Instruments with Characteristics of Equity – International Accounting Standards Board
Date recorded:
At its meeting on March 22-24, 2022, the IASB met to discuss the reclassification of financial instruments issued by an entity as financial liabilities or equity instruments. Questions have arisen in practice about whether IAS 32 permits or requires reclassification after initial recognition. The IASB was not asked to make any decisions. The IASB will consider proposals for potential reclassification principles.
Review the IASB Update and podcast on the Board's Web site.
