United States

IFRS Newsletter: Financial Instruments

May 27, 2016
From the Financial Reporting Network and the IFRS Institute

The May 2016, Issue 30 of KPMG ISG’s IFRS Newsletter: Financial Instruments summarizes the May IASB meeting at which the Board discussed its project about financial instruments with characteristics of equity. Specifically, the Board continued to discuss approaches for attributing profit or loss and comprehensive income to derivative equity claims. The Board explored a new approach that would achieve attribution that is similar to the attribution that is indirectly incorporated into the calculation of diluted EPS under IAS 33, Earnings per Share.

Read KPMG ISG's IFRS Newsletter: Financial Instruments