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AcSB Response – Initial Application of IFRS 17 and IFRS 9—Comparative Information

  • IFRS - AcSB Image

Oct 15, 2021

In October 2021, the International Accounting Standards Board (IASB) published the Accounting Standards Board (AcSB) response to the IASB’s Exposure Draft issued in July 2021.

The AcSB’s letter supports the proposed amendment and provides suggestions to further enhance the usefulness of the comparative information presented. The suggestions include broadening the scope of the classification overlay to cover all financial assets and considering additional disclosures.

Review the letter on the IASB's website.

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.