Classification of non-redeemable preference shares

Date recorded:


The issue was whether a plain vanilla non-redeemable preference share should be classified as a liability or equity.


Decision not to add

May 2004



The IFRIC agreed that there was sufficient application guidance on this issue in IAS 32/39, and recommended that the issue not be added to the IFRIC agenda.


IFRIC reference: IAS 39

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