Near-final draft of IFRS 7 expected soon

  • News default Image

23 May 2005

The IASB plans to make available on its website in the next several days a 'near-final' draft of IFRS 7 Financial Instruments: Disclosures.

The Board is still considering the issue of 'Day 1 profit disclosures' and has invited comment on the proposed drafting of this section of IFRS 7. The proposed disclosures were set out in pages 19-21 of the Observer Notes for the May Board meeting. Those notes may be Downloaded from the IASB's website. Comments should be sent to by 1 June 2005.

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.