Exposure Draft and Comment Letters
The International Accounting Standards Board (IASB) published for public comment an exposure draft of proposed amendments to IFRS 1 First-time Adoption of International Financial Reporting Standards and IAS 27 Consolidated and Separate Financial Statements.
The exposure draft - Cost of an Investment in a Subsidiary, Jointly Controlled Entity or Associate - was developed in response to comments received on a related exposure draft published in January 2007.
In the light of those comments and further consultation with interested parties, the IASB reconsidered its proposals and, in accordance with its due process, now invites comment on the revised proposals.
Comment Letter deadline
Comments on the exposure draft and the Basis for Conclusions should be sent so as to be received by 26 February 2008.
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 using the Browse button and click Upload button when done.
- Click Continue button.