Exposure Draft and Comment Letters
|
On 25 September 2008, the International Accounting Standards Board (IASB) published for public comment an exposure draft of proposed amendments to IFRS 5 Non-current Assets Held for Sale and Discontinued Operations .
The proposals are to revise the definition of discontinued operations and require additional disclosure about components of an entity that have been disposed of or are classified as held for sale. |
|
The proposed definition could result in fewer items being recognised in financial statements as discontinued operations than at present. However, the additional disclosures would give information about components of an entity that have been disposed of or are held for sale but do not meet the definition of a discontinued operation.
Comment Letter deadline
The exposure draft is open for comment until 23 January 2009.
How to submit a Comment Letter
- Go to the Comment Letters page.
- Click Submit Comment Letter button.
- Log on using your subscription to eIFRS. If you do not have a subscription, and have not previously registered, you will be required to register. Registration is free and only takes 5 minutes.
- Click Continue button.
- Locate your Comment Letter on your computer using the Browse button and click Upload button when done.
- Click Continue button.