IFRS webcast: Presentation of financial liabilities—FICE Discussion Paper
Released 11 September 2018
The International Financial Reporting Standards (IFRS) foundation has published a webcast on the preferred approach to the presentation of financial liabilities.
The webcast covers the International Accounting Standards Board (IASB) proposal on how to present in other comprehensive income total income and expenses from certain types of financial liabilities and derivatives. The objective is to help users of financial statements distinguish income and expenses arising from financial liabilities with equity-like returns from income and expenses arising from financial liabilities with debt-like returns. The webcast is the final in the series covering Discussion Paper Financial Instruments with Characteristics of Equity which aims to help stakeholders as they prepare to submit their comments on the Discussion Paper. The Discussion Paper sets out the IASB’s preferred approach to an issuer’s classification of a financial instrument as a financial liability or an equity instrument. The Discussion Paper also explores enhanced presentation and disclosure requirements for financial instruments issued by a company.
View the webcast at Webcast: Presentation of financial liabilities—FICE Discussion Paper.