The new standard will allow many entities to better show their risk management activated in their financial statements.
The draft will be added to IFRS 9 Financial Instruments.
The IASB is not seeking comments on the draft, which is being made available for information purposes to enable constituents to familiarise themselves with the document. The draft will remain on the website until early December 2012 after which time the IASB will finalise the draft document.
