The IASB has published for public comment an exposure draft of one section of a replacement for IAS 37 Provisions, Contingent Liabilities and Contingent Assets. The section contains revised proposals for measuring liabilities within the scope of IAS 37.

The exposure draft, Measurement of Liabilities in IAS 37, is open for comment until 12 April 2010.
The document is available on the IASB website.

Please find the press release herewith attached.