Disclosure Initiative – Targeted Standards-level Review of Disclosures – International Accounting Standards Board
At its meeting on June 23-25, 2020, the IASB tentatively decided to allow 180 days for comment on an Exposure Draft of its proposed amendments to the disclosure sections of IAS 19, Employee Benefits, and IFRS 13, Fair Value Measurement. All 14 Board members confirmed that they were satisfied that the Board has complied with the applicable due process requirements and has, in particular, undertaken sufficient consultation and analysis to begin the process for balloting the Exposure Draft. No Board member indicated that he or she intends to dissent from the proposals in the Exposure Draft, but two Board members indicated that they might do so depending on the drafting of the proposals. The Board plans to publish its Exposure Draft in March 2021.
