IASB Staff Paper: Measurement of Liabilities in IAS 37
Tuesday, May 11, 2010
The Financial Reporting Committee ("FRC") of the Institute of Management Accountants ("IMA") is writing to share our thoughts on the IASB staff paper which seeks to address certain interpretive issues related to the International Accounting Standards Board's (IASB) Exposure Draft 2010/1, Measurement of Liabilities in IAS 37 (ED). We responded to the ED in our letter dated March 4, 2010. We now are writing to comment on the related IASB staff paper dated April 7, 2010.