We comment on the proposed amendments to IAS 7

  • Deloitte comment letter on IASB ED/2014/6 'Disclosure Initiative (proposed amendments to IAS 7)' Image

01 Apr, 2015

We have published our comment letter on the International Accounting Standards Board's (IASB) Exposure Draft ED/2014/6 'Disclosure Initiative (proposed amendments to IAS 7)'.

The IASB's proposed amendments aim at clarifying IAS 7 to improve information provided to users of financial statements about an entity's financing activities and liquidity. In our comment letter, we support the Board's Disclosure Initiative, but believe that it is premature to make additional disclosure requirements of the sort proposed in the ED ahead of discussions on the Principles of Disclosure element of that project.

Click to access the full comment letter.

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