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Financial Instruments with Characteristics of Equity (Potential Amendments to IAS 32) [Research]

Next steps:

The International Accounting Standards Board (the Board) expects to issue a Discussion Paper in June 2018.

Last updated:

March 2018

Overview

This project formed part of the Memorandum of Understanding (MOU) between the IASB and the FASB. The MOU sets out a Roadmap of Convergence between IFRSs and US GAAP.

The objective of this project is to improve and simplify the financial reporting requirements for financial instruments with characteristics of equity. Specifically, this project is intended to:

  • Develop a better distinction between equity and non-equity instruments; and
  • Converge IFRS and US GAAP in this area.

 

Other developments

March 2018 

On March 23, 2018, the IASB® staff updated the work plan to indicate that the Board expects to issue a Discussion Paper in June 2018.

January 2018

On January 26, 2018, the IASB Staff updated this project to indicate that the IASB now expects to issue a Discussion Paper in Q2/2018. 

September 2017

On September 22, 2017, the IASB staff updated the work plan to indicate that the IASB expects to issue the Discussion Paper in the 1st half of 2018.

June 2017

In June 2017, the IASB staff updated the work plan to indicate that the IASB expects to issue a Discussion Paper in Q4/2017.

March 2017

On March 23, 2017, the IASB staff updated the Work Plan in respect of this project to indicate that this project is now in a drafting stage and that the IASB expects to publish a Discussion Paper for comment after September 2017.

December 2016

On December 15, 2016, the IASB staff updated the Work Plan in respect of this project to indicate that the IASB expects to publish a Discussion Paper for comment after June 2017.

September 2016

On September 23, 2016, the IASB staff updated the Work Plan in respect of this project to indicate that the IASB expects to publish a Discussion Paper for comment sometime after March 31, 2017.

July 2016

On July 20, 2016, the IASB staff updated the Work Plan in respect of this project to indicate that the IASB expects to issue a Discussion Paper for comment sometime after January 31, 2017.

May 2012

This is not an active project of the IASB. At its meeting on May 21-25, 2012, however, the IASB unanimously supported initiating a research programme focusing initially on various items, including financial instruments with the characteristics of equity.

February 2008

On February 28, 2008 the IASB published a Discussion Paper, Financial Instruments with Characteristics of Equity, (“the DP”). The DP was open for comment until September 5, 2008.

 

Correction list for hyphenation

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