BCZ396 The IASB decided that disclosure about capital should be placed in the context of a discussion of the entity's objectives, policies and processes for managing capital. This is because the IASB believes that such a discussion both communicates important information about the entity's capital strategy and provides the context for other disclosures.
BCZ397 The IASB considered whether an entity can have a view of capital that differs from what IFRS Accounting Standards define as equity. The IASB noted that, although for the purposes of this disclosure capital would often equate with 'equity' as defined in IFRS Accounting Standards, it might also include or exclude some components. The IASB also noted that this disclosure is intended to give entities the opportunity to describe how they view the components of capital they manage, if this is different from what IFRS Accounting Standards define as equity.