Topic

Replacement of IAS 39 Financial Instruments: Recognition and Measurement

Lead / Co-Lead

Australia

Working Group members

China, Hong Kong, India, Japan, Korea, Malaysia, Singapore, Thailand, Uzbekistan

Project description

The AOSSG Working Group on Financial Instruments aims to:-

- Monitor the ongoing work of the IASB in replacing IAS 39 and identify issues for consideration by AOSSG members

- Facilitate the AOSSG's contribution (including ideas and recommendations) to the IASB's Exposure drafts and other consultation on financial instruments ; and

- Facilitate drawing issues of interest to AOSSG members to the attention of the IASB, including conceptual and practical issues

In order to meet these aims the Working Group researches and prepares issues papers and presents them to the AOSSG, and establishes contacts among relevant constituents and with the IASB.

Submissions to IASB

Title	Issue Date
Comments on IASB DP/2014/1 Accounting for Dynamic Risk Management: a Portfolio Revaluation Approach to Macro Hedging	December 19, 2014
Comments on IASB Exposure Draft ED/2011/3 Mandatory Effective Date of IFRS 9	October 20, 2011
Comments on IASB Exposure Draft ED/2011/1 Offsetting Financial Assets and Financial Liabilities	April 28, 2011
Comments on IASB Supplement to Exposure Draft ED/2009/12 Financial Instruments: Impairment	April 1, 2011
Comments on ED/2010/13 Hedge Accounting	March 9, 2011
Comments on IASB Request for comments on FASB Financial Instruments ED	September 28,  2010
Comments on IASB ED/2010/4 Fair Value Option for Financial Liabilities	July  16, 2010
Comments on IASB ED/2009/12 Financial Instruments: Amortised Cost and Impairment	June 30, 2010