This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice for more information on the cookies we use and how to delete or block them.
The full functionality of our site is not supported on your browser version, or you may have 'compatibility mode' selected. Please turn off compatibility mode, upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.

Financial instruments — Classification and measurement (inactive)

Background

This project is one aspect of the comprehensive Financial Instruments project, which is a joint project with the IASB. The objective of the Financial Instruments project is to improve financial instrument reporting for users of financial statements. This aspect of the comprehensive project focuses on the recognition, classification, measurement, and presentation of financial instruments.

 

Meeting minutes

Deloitte Observer meeting notes on the classification and measurement project are available on the Global IAS Plus Web site.

 

Current status of the project

The FASB made new tentative decisions related to the impairment of equity method Investments and probability thresholds in the impairment assessment.

 

Project milestones

DateDevelopmentComments
May 26, 2010 Proposed Accounting Standards Update (ASU), Accounting for Financial Instruments and Revisions to the Accounting for Derivative Instruments and Hedging Activities, is issued by the FASB. Comment deadline September 30, 2010.
November 28, 2012 Exposure Draft ED/2012/4, Classification and Measurement: Limited Amendments to IFRS 9 (proposed amendments to IFRS 9 (2010)), is issued by the IASB. Comment deadline March 28, 2013.
February 14, 2013 Proposed ASU, Financial Instruments — Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities, is issued by the FASB. Comments deadline May 15, 2013.
April 12, 2013 Proposed ASU, Financial Instruments — Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities — proposed amendments to the FASB Accounting Standards Codification, is issued by the FASB. Comments deadline May 15, 2013.
July 24, 2014 IFRS 9, Financial Instruments, is issued by the IASB. Effective for reporting periods beginning on or after January 1, 2018.

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.