The International Accounting Standards Board (IASB)'s international financial reporting interpretations committee (IFRIC) released six EDs.

The International Accounting Standards Board (IASB)'s international financial reporting interpretations committee (IFRIC) released six EDs (www.iasb.org/current/ifricdrafts.asp): Among them were an amendment to the scope of Interpretation SIC-12, Consolidation--Special Purpose Entities, and a draft Interpretation D8, Members' Shares in Co-operative Entities, on both of which comments are due September 13, as well as a draft Interpretation D9, Employee Benefit Plans with a Promised Return on Contributions or Notional Contributions, on which comments are due September 21. Three other EDs, on which comments are due October 8, relate to International Accounting Standard (IAS) 39, Financial Instruments: Recognition and Measurement. The IASB itself published a discussion paper on its proposal to develop a separate set of international accounting standards for small and medium-sized entities (www.iasb.org/ current/dp_pv.asp). Comments on it are due September 24.