Financial Instruments with Characteristics of Equity

The International Accounting Standards Board (IASB) has published a Discussion Paper Financial Instruments with Characteristics of Equity.

The Discussion Paper, which is open for comment until 7 January 2019:

• sets out the IASB’s preferred approach to classification of a financial instrument, from the perspective of the issuer, as a financial liability or an equity instrument; and
• explores enhanced presentation and disclosure requirements that would provide further information about the effects that financial instruments have on the issuer's financial position and financial performance.

Further information, including soft copies of the Discussion Paper, is available for download from the IASB’s website here.