Global Standards for the world economy

Thursday 04 March 2021

Banner graphic

IFRS 9: Financial Instruments

Exposure draft and Comment letters [Dec 2010]


 Exposure draft and Comment letters

On 9 December 2010 the IASB published for public comment an exposure draft on the accounting for hedging activities. The exposure draft proposes requirements that will enable companies to reflect their risk management activities better in their financial statements, and, in turn, help investors to understand the effect of those activities on future cash flows.

Comment letter deadline

The exposure draft was open for comment until 9 March 2011 and the comment letter deadline has now passed.

Click here  to read the comment letters.


Due process document Accompanying material
Exposure draft: Hedge Accounting  [PDF] Basis for Conclusions and Illustrative Examples: Hedge Accounting [PDF]
公開草案 : ヘッジ会計 [Japanese][PDF] 結論の根拠及び設例:  ヘッジ会計 [Japanese][PDF]
Exposé-sondage: Comptabilité de couverture [French] [PDF]

Additional information on the exposure draft:

The staff of the IASB have prepared web pages with additional information on the exposure draft. The offical positions of the Board are determined only after extensive due process and deliberations. 

Topic Position in text Date posted Link
Disclosures paragraphs 40-52, BC183-BC208 and IE1-IE3 9 December 2010     
Hedge accounting mechanics  paragraphs 26-30, 37, 38, B79-B82, BC119-BC123, BC130-BC140 and BC174-BC177  9 December 2010     
Groups and net positions  paragraphs 34–39, B70–B82, BC156–BC182 9 December 2010     
Risk components paragraphs 18(a), B13-B18, BC52-BC62 6 January 2011     
Effectiveness criteria paragraphs 19, B27-B39 and BC75-BC90 16 Febraury 2011    
Rebalancing changes to IAS 39 and the ED 23 February 2011    
Time value of options paragraphs 33, B67-B69, BC143-BC155 11 January 2011     

Related information

Click here for the press release

Click here for a Snapshot summary on the exposure draft

Click here to read questions & answers on the exposure draft

Listen to the webcast introducing the exposure draft