Comment letter deadline for ED on proposed amendments to IAS 1
The International Accounting Standards Board (IASB) and the Accounting Standards Board published an Exposure Draft (ED) of proposed amendments to IAS 1 Presentation of Financial Statements.
The amendments aim at a more general approach to the classification of liabilities under IAS 1 based on the contractual arrangements in place at the reporting date.
Comments are requested by June 10, 2015.