The Institute of Chartered Accountants of India (Setup by an Act of Parliament)
Prepayment Features with Negative Compensation (Proposed amendments to IFRS 9)
Exposure Draft issued by IASB on Prepayment Features with Negative Compensation (Proposed amendments to IFRS 9) is for comments only. Comments on the Exposure Draft need to be received by May 15, 2017.
This Exposure Draft, published by the International Accounting Standards Board, proposes amendments to IFRS 9 Financial Instruments. These amendments are designed to address the concerns of some interested parties about how IFRS 9 classifies particular prepayable financial assets.
Invitation to comment
ASB invites comments on the Exposure Draft from the public.
How to comment
Comments should be submitted using one of the following methods:
1. Electronically:
Click on the link ''Submit a comment letter'' below (Preferred method):
Secretary, Accounting Standards Board, The Institute of Chartered Accountants of India, ICAI Bhawan, Post Box No. 7100, Indraprastha Marg, New Delhi 110 002
Further clarifications on this Exposure Draft may be sought by e-mail to asb@icai.in
Comment letter deadline
The Exposure Draft is open for comment until 15th May, 2017
