FReM Exposure Draft: IFRS 9 Financial Instruments

Public consultation on HM Treasury proposals for the application of IFRS 9 Financial Instruments in the Financial Reporting Manual (FReM).

• The document contains HM Treasury proposals for implementing a new International Financial Reporting Standard for central government financial reporting
• Its publication forms part of due processes for such changes
• It is a technical document that gives an overview of the new standard and matters relating to its application in the public sector
• It invites comment from interested parties on the proposed approach