European Financial Reporting Advisory Group

22/02/2010 | EFRAG's draft comment letter on the IASB's ED Measurement of Liabilities in IAS 37

EFRAG has issued its draft comment letter on the IASB's ED Measurement of Liabilities in IAS 37. The letter can be downloaded here. Comments are invited on the letter by 19 March 2010.
	In January 2010 the IASB issued a limited re-exposure of proposed amendment to IAS 37. The ED is meant to clarify the measurement objective for liabilities in scope of IAS 37 and add detailed guidance on measurement. EFRAG has some significant concern about the proposals in the ED and does not support the measurement model proposed.
Document : EFRAGs DCL on the IASBs ED Measurement of Liabilities in IAS 37.pdf
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