IASB extends comment period on Fair Value Measurements

The International Accounting Standards Board (IASB) has extended until May 4, 2007 the period for public comment on the discussion paper Fair Value Measurements. The paper was published on November 30, 2006 and comments requested by April 2, 2007. Constituents have asked for more time, given the significance of the issues raised in the discussion paper. A press release was also issued.