Latest News 

  • 29 May 2020 - ASC has submitted its comment letter to the IASB on ED/2020/3 Classification of Liabilities as Current or Non-current—Deferral of Effective Date (Proposed amendment to IAS 1).

  • 29 May 2020 - ASC has issued Amendments to SFRS(I) 1-1 and Amendments to FRS 1 on Classification of Liabilities as Current or Non-current.

  • 28 May 2020 - ASC has issued Amendment to SFRS(I) 16 and Amendment to FRS 116 on Covid-19-Related Rent Concessions.

  • 22 May 2020 - ASC has submitted its comment letter to the IASB on ED/2020/1 Interest Rate Benchmark Reform—Phase 2 (Proposed amendments to IFRS 9, IAS 39, IFRS 7, IFRS 4 and IFRS 16).

  • 8 May 2020 - ASC has submitted its comment letter to the IASB on ED/2020/2 Covid-19-Related Rent Concessions (Proposed amendment to IFRS 16).

  • 8 May 2020 - ASC extends comment period for General Presentation and Disclosures, Comprehensive Review of the IFRS for SMEs Standard, and Business Combinations – Disclosures, Goodwill and Impairment by more than two months, in the light of IASB’s revised timelines.

  • 5 May 2020 - ASC invites comments on Exposure Draft ED/2020/3 Classification of Liabilities as Current or Non-current—Deferral of Effective Date by 20 May 2020.

  • 30 Apr 2020 - The Minister for Finance has appointed a new member to ASC.

  • 24 Apr 2020 - ASC invites comments on Exposure Draft ED/2020/2 Covid-19-Related Rent Concessions by 4 May 2020.

  • 9 Apr 2020 - ASC invites comments on Exposure Draft ED/2020/1 Interest Rate Benchmark Reform—Phase 2 by 4 May 2020.

Consultations 

  • 23 Mar 2020 DP/2020/1 Business Combinations—Disclosures, Goodwill and Impairment, comments by 30 September 2020 [extended]
  • 3 Feb 2020 - Request for Information: Comprehensive Review of the IFRS for SMEs Standard, comments by 21 August 2020 [extended]
  • 18 Dec 2019 ED/2019/7 General Presentation and Disclosures, comments by 27 July 2020 [extended]

Submissions

  • 29 May 2020 - ASC's comment letter on ED/2020/3 Classification of Liabilities as Current or Non-current—Deferral of Effective Date (Proposed amendment to IAS 1)
  • 22 May 2020 - ASC's comment letter on ED/2020/1 Interest Rate Benchmark Reform—Phase 2 (Proposed amendments to IFRS 9, IAS 39, IFRS 7, IFRS 4 and IFRS 16)
  • 8 May 2020 - ASC's comment letter on ED/2020/2 Covid-19-Related Rent Concessions (Proposed amendment to IFRS 16)