Exposure Draft (ED) 77 Measurement

ED 77 proposes new guidance in a single standard which addresses how commonly used measurement bases are applied in practice. The ED brings in generic guidance on fair value for the first time, and it proposes a public sector specific current value measurement basis to respond to stakeholder views that a new measurement basis is required as an alternative to fair value for assets held for their operational capacity.

Comment letter deadline

The Exposure Draft is open for comment until 31st August, 2021

Due process documents
Exposure Draft (ED) 77 Measurement  [PDF]