Classification of Liabilities – International Accounting Standards Board

Date recorded:

At its meeting on June 23-25, 2020, the IASB discussed the  feedback on the May 2020 Exposure Draft which proposed deferring for one year the effective date of Classification of Liabilities as Current or Non-current which was issued in January 2020. Following this discussion, the Board decided to finalize the proposed amendment in the Exposure Draft with no changes. The Board plans to issue the amendment in July 2020.

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.