Management Commentary – International Accounting Standards Board
At its meeting on March 23-24, 2021, the IASB decided that the comment period should be more than 120 days but no more than 180 days, with the comment deadline set to avoid conflicting with the comment deadlines for the Board’s other major consultations. The Board currently plans to publish the exposure draft around the end of April 2021. However, the IFRS Foundation Trustees intend to publish for public comment proposed changes to the Foundation’s Constitution that are necessary to establish a board for setting sustainability reporting standards. Depending on when the Trustees publish those proposals, the Board may postpone publication of the management commentary exposure draft by a few weeks.
Review the IASB Update and podcast on the Board's Web site.
