where the organisation publishes comment letters as part of its commitment to a
transparent standard setting process. Four standards deal explicitly with accounting for
financial instruments: IAS 32 ‘Financial Instruments; Presentation’, IAS 39
‘Financial Instruments: Recognition and Measurement’ and their superseding
replacements IFRS 7 ‘Financial Instruments: Disclosures’ and IFRS 9 ‘Financial
Instruments’. In order to identify exposure drafts and comment letters relating to the
development of these standards, four sources were used.