ASC Responded to IASB on Request of Information

The Accounting Standards Council (ASC) has submitted comment letters to the International Accounting Standards Board (IASB) on Request for Information: Post-implementation Review: IFRS 13 Fair Value Measurement. The Post-implementation review is to evaluate the...

ASC Responded to the IASB on ED/2017/4

The Accounting Standards Council (ASC) has submitted a comment letter dated 19 October 2017 to the International Accounting Standards Board (IASB) on ED/2017/4 Property, Plant and Equipment — Proceeds before Intended Use (Proposed amendments to IAS 16). The ASC has...

IASB has issued Amendments to IFRS 9 and IAS 28

The International Accounting Standards Board (IASB) has issued an amendments to IFRS 9 Financial Instruments and to IAS 28 Investments in Associates and Joint Ventures to aid implementation on 12 October 2017. The amendments to the IFRS 9 Financial instruments, allow...