BC92 ED 10 proposed that an entity should disclose information to help users of financial statements evaluate the nature and extent of the entity's risk from its interests in unconsolidated structured entities. To support that objective, the exposure draft proposed that an entity should disclose the carrying amounts of its assets and liabilities relating to its interests in structured entities, its maximum exposure to loss and the reported amount of assets of structured entities. ED 10 also listed other information (such as information about the assets and funding of structured entities) that might be useful to an assessment of the risks to which an entity is exposed.
BC93 Users generally supported the disclosures proposed. However, other respondents to ED 10, although agreeing that risk disclosures were required, thought that the proposed disclosure requirements were too prescriptive. In their view, an entity should be allowed to disclose its risk exposure on the basis of the informat
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