The Institute of Chartered Accountants of India
(Setup by an Act of Parliament)
(Setup by an Act of Parliament)
The Exposure Draft proposes amendments in the following Standards on below subjects:
|
Standard |
Subject of proposed amendment |
|
IFRS 1 First-time Adoption of International Financial Reporting Standards |
Subsidiary as a first-time adopter of IFRS Standards
|
|
IFRS 9 Financial Instruments |
Fees included in the ‘10 percent’ test for derecognition of financial liabilities. |
|
Illustrative Examples accompanying IFRS 16 Leases |
Lease incentives |
|
IAS 41 Agriculture |
Taxation in fair value measurements |
Comments on the abovementioned Exposure Draft may be submitted through any of the following modes, so as to be received not later than July 8, 2019:
|
1
|
Electronically:
|
Click on 'submit a comment letter' below (Preferred method)
|
|
2
|
Email:
|
Comments can be sent to: commentsasb@icai.in
|
|
3
|
Postal:
|
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.
The Exposure Draft is open for comment until 8th July, 2019
| Due process documents |
| Annual Improvements to IFRS Standards 2018-2020 [PDF] |