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Classification of Liabilities (Proposed Amendments to IAS 1) [ED]

Comment period ended June 10, 2015

Next steps:

The International Accounting Standards Board (the Board) expects to issue the final amendments to IAS 1 in Q3/2018.

Last updated:

May 2018

Overview

The amendments aim at a more general approach to the classification of liabilities under IAS 1 based on the contractual arrangements in place at the reporting date.

Other developments

May 2018

On May 25, 2018, the IASB staff updated the work plan to indicate that the Board expects to issue the final amendments to IAS 1 in Q3/2018.

September 2017

On September 22, 2017, the IASB staff updated the work plan to indicate that the IASB expects to issue the final amendments to IAS 1 in the 2nd half of 2018.

June 2017

In June 2017, the IASB staff updated the work plan to indicate that the IASB expects to issue the final amendments to IAS 1 in the 1st half of 2018. 

March 2017

On March 23, 2017, the IASB staff issued an updated Work Plan which indicates that the IASB expects to publish the final amendments to IAS 1 after September 2017.

December 2016

On December 15, 2016, the IASB staff updated the Work Plan in respect of this project to indicate that the IASB expects to publish the final amendments to IAS 1 after June 2017.

September 2016

On September 23, 2016, the IASB staff updated the Work Plan in respect of this project to indicate that the IASB expects to publish the final amendments to IAS 1 sometime after March 31, 2017.

July 2016

On July 20, 2016, the IASB staff updated the Work Plan in respect of this project to indicate that the IASB expects to publish the final amendments to IAS 1 sometime after January 31, 2017. 

March 2016

On March 18, 2016, the IASB updated its Work Plan in respect of this project to note that it is currently drafting the final amendments, which it expects to issue sometime after September 30, 2016.

January 2016

On January 22, 2016, the IASB staff updated the Work Plan to advise that the IASB expects to issue the final amendments in Q2 2016.

March 2015

On March 11, 2015, the AcSB issued an ED that corresponds to the IASB’s ED on this topic.

February 2015

On February 10, 2015, the IASB has published an ED of proposed amendments to IAS 1, Presentation of Financial Statements.

 

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