The IASB’s first exposure draft of 2010 deals with the measurement of liabilities in IAS 37. This “limited re-exposure” – which covers only some of the Board’s proposals from the first exposure draft in 2005 – could have major impacts on companies’ accounting practices.
31/01/2010
In light of this, we predict that the subject will provoke a high level of interest and, once again, a flood of protests to the IASB. In this issue, Beyond the GAAP looks at the key issues in the debate.
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