Global Standards for the world economy

Wednesday 24 May 2017

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IASB meeting summaries and observer notes

 IASB 28 July 2011



The Board considered whether, as part of the upcoming exposure draft that will propose an amendment to the mandatory effective date of IFRS 9, to also extend the concession relieving entities from presenting comparative information. The Board decided not to change the requirement in IFRS 9 for comparatives to be presented for entities that initially apply IFRS 9 for annual periods beginning on or after 1 January 2012, but decided to include a question on this matter in the exposure draft.


Date: 7/28/2011