Financial Instruments in Focus at FASB, IASB
4/10/2012
The subject of financial instruments is set to receive a fair amount of focus at this week's joint FASB-IASB board meeting.
Last week, FASB discussed Liquidity and Interest Rate Risk Disclosures. Details are in
FASB's board handout and results of the meeting are in a Summary of Board Decisions in
FASB's News Center.
Also last week, FASB ratified three tentative consensuses of its Emerging Issues Task Force, and will provide a 90-day comment period before finalizing them. See FASB's April 9
Summary of Board Decisions.
In a joint meeting this week, FASB and IASB are to discuss a number of topics, including a fair amount of discussion on
Financial Instruments: Classification and Measurement, as well as other topics including Insurance Contracts.
Find more updates on FASB and IASB news in
FEI's News Resource Center.