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IBOR reform and IFRS

IBOR reform and IFRS

Considering the impacts of benchmark interest rate reform on IFRS accounting

Considering the impacts of benchmark interest rate reform on IFRS accounting

Standard setters are currently considering the effects of unprecedented reform of interbank offered rates (IBOR) – the benchmark interest rates that underpin the measurement of many financial instruments – on existing financial reporting requirements.

The International Accounting Standards Board (the Board) has recently issued an exposure draft (ED) outlining its tentative decisions to:

Read our web articles for an overview of the proposed changes. You can also find out more about the Board’s IBOR reform project on ifrs.org.

Bookmark this page and stay tuned for further updates – including our podcast and comment letter on the ED – in the coming weeks.

 

 

IBOR reforms and IFRS


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