The QCA Financial Reporting Committee examined the International Accounting Standards Board's (IASB) exposure draft on financial instruments, which proposes changes to the standard in the wake of the financial crisis. The QCA commented that we have concerns thatmany smaller entities may have difficulty with the additional administrative burden arising from the detailed approach proposed in the draft.
QCA Response to the IASB's Financial Instruments Exposure Draft
The QCA Financial Reporting Committee examined the International Accounting Standards Board's (IASB) exposure draft on financial instruments, which proposes changes to the standard in the wake of the financial crisis.
