AASB Response Letter – IASB Exposure Draft, General Presentation and Disclosures
Sep 30, 2020
On September 30, 2020, the Auditing and Assurance Standards Board (AASB) submitted its response letter to the IASB Exposure Draft, General Presentation and Disclosures.
The AASB considered comments provided by external stakeholders who were consulted in combination with the AcSB. They also raised comments on the audit implications of bringing management performance measures into the financial statements and introducing a definition for unusual income and expenses.
Review the letter on the IASB's website.