The IASB has proposed amendments to IAS 32 to address debt and equity reporting challenges for companies. "Companies' solutions to the reporting challenges differ, resulting in diverse accounting practices that make it difficult for investors to assess and compare companies' financial position and performance," a news release said.
As a result, investors are calling for better information, particularly about equity instruments, according to the release. "IAS 32, Financial Instruments: Presentation sets out how a company that issues financial instruments