Disclosure of Accounting Policies (Proposed amendments to IAS 1 and IFRS Practice Statement 2)

Introduction

 

In this Exposure Draft, the International Accounting Standards Board (Board) proposes amendments to IAS 1 Presentation of Financial Statements and IFRS Practice Statement 2 Making Materiality Judgements. The proposed amendments are intended to help entities provide accounting policy disclosures that are more useful to primary users of financial statements.

 

 

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, so as to be received not later than August 16, 2019.

 

  1.       Electronically:   
 

Click on "Submit a comment letter" below (preferred method)
  1.       Email:               

Comments can be sent to: commentsasb@icai.in 
  1.       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

Comment letter deadline

The Exposure Draft is open for comment until 11th October, 2019

Due process documents
Disclosure of Accounting Policies (Proposed amendments to IAS 1 and IFRS Practice Statement 2)  [PDF]