Exposure Draft and comment letters: Classification of Liabilities—Deferral of Effective Date


Classification of Liabilities as Current or Non-current (Amendments to IAS 1) was issued in January 2020 with an effective date of annual reporting period beginning on or after 1 January 2022. However, due to the covid-19 pandemic, the Board has proposed to defer the effective date by one year to provide companies with more time to implement any classification changes resulting from the amendments.

The Board is not proposing any changes to the original amendments other than the deferral of the effective date.

The Exposure Draft is available below. The comment letter period is open until 3 June 2020.


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

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