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Working draft of the Liabilities IFRS is available

  • IASB (International Accounting Standards Board) (blue) Image

22 Feb 2010

The IASB staff has released a Working Draft of the Liabilities IFRS (planned successor to IAS 37 Provisions, Contingent Liabilities and Contingent Assets).

The working draft is based on proposals published for comment in 2005, amended for decisions the IASB has taken in the light of comments it received. In particular, the Board has decided to provide more guidance on applying the proposed measurement requirements. On 5 January 2010 it published for public comment a Re-exposure Draft of the proposed new guidance. Comments are requested by 12 April 2010. The Working Draft of the final IFRS is on the IASB's public website Project Page.


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