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IAS Plus Update — IASB refines proposals for the measurement of liabilities in IAS 37

Published on: Jan 22, 2010

In 2005, the IASB published an exposure draft (the 2005 ED) of the International Financial Reporting Standard to replace IAS 37 Provisions, Contingent Liabilities and Contingent Assets.

Following consideration of the responses received to the 2005 ED, on January 5, 2010, the IASB published ED/2010/1 Measurement of Liabilities in IAS 37 (Limited re-exposure of proposed amendment to IAS 37) (the 2010 ED). The 2010 ED deals with only one section of the proposed replacement Standard and addresses the measurement requirements for liabilities that are within the scope of IAS 37.


Correction list for hyphenation

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