EFRAG staff comments on day 1 profit disclosures
02 Jun 2005
EFRAG staff has submitted comments to the IASB on the drafting of "day 1 profit disclosures" to be included in the forthcoming IFRS 7 Financial Instruments: Disclosures.
To meet the deadline for comments, EFRAG's Letter (PDF 16k) was not discussed by EFRAG's Technical Experts Group and was not subject to a public consultation process. It is, however, based on advice from EFRAG's Financial Instruments Working Group.