IASB issues ED Fair Value Option for Financial Liabilities

The IASB today published for public comment its proposed changes to the accounting for financial liabilities. This proposal follows work already completed on the classification and measurement of financial assets (IFRS 9 Financial Instruments).
The exposure draft Fair Value Option for Financial Liabilities is open for comment until 16 July 2010.
The document is available on the IASB website.

Please find the press release herewith attached.