IASB additions to IFRS 9 for financial liability accounting.

• Position: News&trends

The International Accounting Standards Board has issued requirements on the accounting for financial liabilities, which will be added to IFRS 9 Financial Instruments and complete the classification and measurement phase of the IASB's project to replace IAS 39 Financial Instruments: Recognition and Measurement.

With the new requirements, an entity choosing to measure a liability at fair value will present the portion of the...