Project Pages

Derivative Instruments Implementation Guide

Primary Objective: The objective of this project is to develop an Implementation Guide that assists practitioners in application of the forthcoming derivative instruments standard. Guidance will be limited to clarifying, explaining, or elaborating on the standards contained in the derivative instruments pronouncement.

Status: The Board reviewed a staff-proposed draft at its January 2009 meeting. The Board indicated that they do not object to its publication. Publication is expected before the end of the first quarter.

Derivative Instruments Implementation Guide—Project Plan

Project Description: This project will develop an Implementation Guide that assists practitioners in application of the forthcoming derivative instruments standard. Guidance will be limited to clarifying, explaining, or elaborating on the standards contained in the derivative instruments pronouncement.

Accounting and Financial Reporting Issues: The major issues would be the scope of the standard, definitions, recognition and measurement, methods of evaluating hedges, terminations, synthetic guaranteed investment contracts, and note disclosures.

Derivative Instruments Implementation Guide—Relevant Links