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.
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 |
|