We comment on the IASB's annual improvements to IFRSs 2014-2016 cycle ED
27 Jan 2016
We have responded to the IASB's Exposure Draft, "Annual Improvements to IFRSs 2014-2016 Cycle" that was IASB published in November 2015 and makes proposes amendments to three IFRSs.
We believe the annual improvement project is efficient and effective method of handling isolated issues with IFRSs and support the amendments proposed in the exposure draft. In addition, we provided recommendations for drafting changes and amendments to transitional provisions.