12. May 2017

ASCG submit comment letter to the IFRS IC on IAS 33

Today, the ASCG submitted a comment letter to the IFRS IC, commenting on the tentative agenda decision on an IAS 33 issue that the IFRS IC has taken in its meeting in March 2017. The issue was formerly submitted by our organisation in December 2016.

We now agree that our main question has been answered, while other follow-up questions have arisen during discussion. We now suggest the IFRS IC to take on such questions. Since the IFRS IC intends to continue its deliberations in its meeting in June 2017, our position shall be considered preliminary.