Exposure Draft and comment letters—First-time Adoption of IFRS: Cost of an investment in a subsidiary (Amendments to IFRS 1)

 

On 25 January 2007 the International Accounting Standards Board (IASB) published for public comment proposals to provide further exemptions from the requirements of IFRSs when they are adopted for the first time.

The proposals were set out in an Exposure Draft of proposed amendments to IFRS 1 First-time Adoption of International Financial Reporting Standards.

The proposals respond to concerns about difficulties encountered by parent companies in measuring the cost of an investment in a subsidiary on adopting IFRSs.

The Exposure Draft was open for comment until 27 April 2007.

 

Comment letters are public and all comment letters received on the due process document can be accessed below.

If you have trouble finding a specific comment letter, please contact us.

Access individual comment letters in the table below or download all letters as zip file.

ID Submitter

This website uses cookies. You can view which cookies are used by viewing the details in our privacy policy.