This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice ( for more information on the cookies we use and how to delete or block them.
The full functionality of our site is not supported on your browser version, or you may have 'compatibility mode' selected. Please turn off compatibility mode, upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.

Disclosure Initiative - Amendments to IAS 1 - IDG

Date recorded:

At its meeting on September 13, 2016, the IFRS Discussion Group (IDG) discussed the clarifying amendments to IAS 1, Presentation of Financial Statements (which are effective January 1, 2016 and include additional guidance on the presentation of additional line items and subtotals in the financial statements, specifically the statements of profit or loss and financial position), and the Canadian Securities Administrators (CSA) Staff Notice 52-306 (Revised).  The Group members considered five specific questions related to the clarifying amendments to IAS 1 and the implications (if any) on the presentation and disclosure of additional subtotals in the financial statements.  The Group members also considered the interaction of disclosures that may be provided in the financial statements under IAS 1 with other relevant information (for example, non-GAAP financial measures and key performance indicators) that are discussed in the management commentary.

Review the Report on the AcSB's Web site.

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.