Latest updates on the proposed narrow-scope amendments to IAS 1 by IASB to clarify on classification of liabilities with covenants.
IASB Exposure Draft
Posted inFinancial Accounting
Exposure Draft: The Proposed Disclosures Simplification for Subsidiaries Without Public Accountability
The article summarises the proposal by IASB on a new standard to simplify the disclosures requirements for subsidiaries without public accountability.