The International Accounting Standards Board (IASB) has published a staff draft of an IFRS on fair value measurement that reflects the tentative decisions made to date by the IASB and the US Financial Accounting Standards Board (FASB).
The draft is for information purposes only and is not open for comments.
Comments can still be made on the FASB’s fair value exposure draft, which is almost identical to the staff draft on the IASB’s website.
The comment period on the FASB draft ends on 7 September.
A final standard is due for release early next year.