EFRAG issues feedback statement on the IASB's exposure draft on the effective date of amendments to IFRS 10 and IAS 28

  • EFRAG (European Financial Reporting Advisory Group) (dk green) Image

18 Nov 2015

The European Financial Reporting Advisory Group (EFRAG) has published its feedback statement summarising the main comments received from constituents invited to respond to its draft comment letter in relation to the International Accounting Standards Board’s (IASB’s) Exposure Draft ED/2015/7 'Effective Date of Amendments to IFRS 10 and IAS 28'.

In August 2015, the IASB published ED/2015/7 with proposed amendments to IFRS 10 Consolidated Financial Statements and IAS 28 Investments in Associates and Joint Ventures. The amendments aim at deferring the effective date of the September 2014 amendments to these standards indefinitely until the research project on the equity method has been concluded.
 
EFRAG published its draft comment letter in September 2015 and its final comment letter in October 2015.

The feedback statement summarises the main comments received by EFRAG in relation to the draft comment letter and explains how those comments were considered by EFRAG in reaching its final position on the IASB ED set out in their final comment letter to the IASB.

The press release and full feedback statement are available on the EFRAG 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.