Financial Instruments with Characteristics of Equity - 2008 Discussion Paper
- Filipe Alves
This project is part of the Financial Instrument Revision Project, dealing with the definition of equity and liabilities.
The project is being conducted as a 'modified joint' project, ie the IASB expects to make a formal agenda decision and begin work when the FASB has completed work on an initial discussion document.
In February 2008 the IASB published the discussion paper Financial Instruments with Characteristics of Equity.
On 27 June 2008 EFRAG published its draft comment letter and on 19 September 2008 its comment letter (can be found below).