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IAS 32 Amendment - Classification of Rights Issues


The purpose of the amendment is to clarify the classification of instruments that give the holders the right to acquire an entity's own equity instruments at a fixed price (rights issues) when that price is stated in a currency other than the entity's functional currency.

In August 2009 the IASB published the Exposure Draft Classification of Rights Issues.

On 7 September 2009 EFRAG published its comment letter and on 6 November 2009 EFRAG published its Endorsement Advice (documents can be found bellow).

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