When was the original version of IAS 32 Financial Instruments: Disclosure and Presentation published?a.March 1994b.March 1995c.March 1996d.March 1997

The original version of IAS 32 Financial Instruments: Disclosure and Presentation was published in March 1995. Therefore, the correct answer is b. March 1995.

Explanation

IAS 32 is an International Accounting Standard that provides guidelines on how financial instruments should be classified and disclosed in financial statements. It was developed by the International Accounting Standards Committee (IASC) and forms an integral part of the IASB's efforts to improve the transparency and comparability of financial statements across different jurisdictions. The publication in March 1995 marked a significant step in the evolution of accounting standards, setting the groundwork for subsequent standards related to financial instruments. This standard emphasizes the importance of properly disclosing financial instruments to enhance the understandability of financial statements for users, including investors, regulators, and analysts.