IASB published for public comment the ED Financial Instruments with Characteristics of Equity–Proposed amendments to IAS 32 Financial Instruments: Presentation, IFRS 7 Financial Instruments: Disclosures, and IAS 1 Presentation of Financial Statements.
The proposals in the ED include clarification of the underlying classification principles of IAS 32 to help companies distinguish between financial liabilities and equity.
The deadline for submitting comment letters is 29 March 2024