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FEE Comment Letter To EFRAG.pdf

Enevoldsen_090115_IASB_ED_of_proposed_amendments_to_IFRS_7_Investments_in_Debt_Instruments161200953936.pdf
Preview of FEE Comment Letter to EFRAG
🔗 Source: accountancyeurope.eu
📊 Size: 60 KB
👤 Author: Sylvie
⬇️ Downloads: 58

Summary

FEE comments on EFRAG's Draft Comment Letter regarding IASB's proposed amendments to IFRS 7 "Investments in Debt Instruments". FEE suggests the ED's objective is unclear, and issues should be addressed in the broader project on financial instruments. FEE agrees with EFRAG's analysis and opposes rushing through changes, citing potential errors and unintended consequences. FEE recommends proper discussion and due process for specific issues, including impairment of financial instruments and disclosure implications. Backdating the effective date could result in practical difficulties for entities reporting under IFRS.

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Description

FEE comments on EFRAG's Draft Comment Letter regarding IASB's proposed amendments to IFRS 7 "Investments in Debt Instruments".

Technical Information

  • File Format: PDF
  • File Size: 60 KB
  • Pages: 5
  • Language: EN
  • Author: Sylvie
  • Total Downloads: 58
  • Last Updated: 6 days ago

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