Agriculture – PEAC
At its meeting on February 7, 2018, the PEAC discussed members’ comments arising from their fatal-flaw review of the forthcoming Exposure Draft on Agriculture, and identified areas for the Board to consider providing further clarification, as follows (i) scope; (ii) definitions and classification; (iii) measurement of agricultural inventories; (iv) measurement of productive biological assets; (v) disclosure; and (vi) other.
Review the meeting notes on the AcSB's Web site.