Comment deadline for IFRS 10 transition guidance ED
On 20 December 2011, the IASB published for comment Exposure Draft ED/2011/7 Transition Guidance (Proposed amendments to IFRS 10).
The proposed amendments address the transition guidance in IFRS 10 'Consolidated Financial Statements' by clarifying when retrospective application is required.
Comments on the exposure draft are due by 21 March 2012.
