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