Canada - Financial Instruments: Classification and Measurement

Canada's Accounting Standards Board (AcSB) has issued an Exposure Draft on the International Accounting Standards Board (IASB) proposed new standard for classification and measurement of financial instruments. The new standard will apply to publicly-accountable enterprises in Canada on changeover to International Financial Reporting Standards (IFRS) in 2011. Comments are requested by September 30, 2009. (Read and comment on the AcSB Exposure Draft - Financial Instruments : Classification and Measurement.)