{"id":1103,"date":"2019-12-18T15:22:22","date_gmt":"2019-12-18T07:22:22","guid":{"rendered":"http:\/\/ehluar.com\/main\/?p=1103"},"modified":"2020-01-13T15:31:09","modified_gmt":"2020-01-13T07:31:09","slug":"asc-invites-comments-on-exposure-draft-ed-2019-7-general-presentation-and-disclosures","status":"publish","type":"post","link":"http:\/\/ehluar.com\/main\/2019\/12\/18\/asc-invites-comments-on-exposure-draft-ed-2019-7-general-presentation-and-disclosures\/","title":{"rendered":"ASC invites comments on Exposure Draft ED\/2019\/7 General Presentation and Disclosures"},"content":{"rendered":"\n<p>On or about 18 December 2019. the Accounting Standards Council (ASC) invites comments on Exposure Draft ED\/2019\/7 <em>General Presentation and Disclosures<\/em> by 20 April 2020.  The compiled comments would then be summarised and forwarded to the IASB.<\/p>\n\n\n\n<p>On or about 17 December 2019, the  International Accounting Standards Board (IASB) has published the Exposure Draft ED\/2019\/7 that is intended to replace IAS 1 <em>Presentation of Financial  Statements<\/em>. Comments are requested by 30 June 2020. <\/p>\n\n\n\n<p>The  Exposure  Draft  includes  the  proposals  of  the  International  Accounting  Standards Board (IASB) to improve how information is communicated in the financial statements, with a focus on information  about  performance  the  statement  of  profit  or  loss.<\/p>\n\n\n\n<p>The IASB  is  proposing  limited  changes  to  the  statement  of  cash  flows  and  the  statement  of financial position. The  proposals were  developed   as  part  of  its  Primary Financial Statements project, which is part of the work by IASB on Better Communication in  Financial  Reporting.  <\/p>\n\n\n\n<p>It  responds  to  the  strong  demand  from  stakeholders,  and  in particular   users   of   financial   statements,   to   undertake   a   project   on   performance reporting. <\/p>\n\n\n\n<p> Source: ASC website, 18 December 2019 <\/p>\n","protected":false},"excerpt":{"rendered":"<p>On or about 18 December 2019. the Accounting Standards Council (ASC) invites comments on Exposure Draft ED\/2019\/7 General Presentation and Disclosures by 20 April 2020. The compiled comments would then be summarised and forwarded to the IASB. On or about 17 December 2019, the International Accounting Standards Board (IASB) has published the Exposure Draft ED\/2019\/7 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","_et_pb_use_builder":"off","_et_pb_old_content":"","_et_gb_content_width":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7,6],"tags":[],"class_list":["post-1103","post","type-post","status-publish","format-standard","hentry","category-accounting","category-techupdates"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/posts\/1103","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/comments?post=1103"}],"version-history":[{"count":2,"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/posts\/1103\/revisions"}],"predecessor-version":[{"id":1105,"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/posts\/1103\/revisions\/1105"}],"wp:attachment":[{"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/media?parent=1103"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/categories?post=1103"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/tags?post=1103"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}