IASB proposes: improvements to financial instruments accounting.

• Position: News&trends

The International Accounting Standards Board has published for public comment an exposure draft of proposals to improve financial instrument accounting. The proposals form part of the IASB's comprehensive review of financial instrument accounting and, according to the IASB, will significantly reduce complexity; make it easier for investors to understand financial statements; and address how financial instruments are classified and measured. The proposals also answer concerns raised by interested parties during the financial...