Comment letter deadline on ED Clarifications to Sections 1591 and 3056
When |
Aug 02, 2016 from to |
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Timezone | UTC |
Where | Comment letter deadline |
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On May 25, 2016, the Accounting Standards Board (AcSB) released an Exposure Draft to clarify Section 1591, Subsidiaries, and Section 3056, Interests in Joint Arrangements, in response to stakeholder feedback. Stakeholders are encouraged to submit their comments by August 2, 2016.
The proposed narrow-scope amendments are intended to clarify guidance or wording and to correct for unintended consequences, conflicts or oversights, similar to the process for annual improvements.