Exposure Draft - Disclosure of Accounting Policies Proposed amendments to IAS 1 and IFRS Practice Statement 2 - Comments to be received by 29 November 2019 https://www.taxtmi.com/news?id=21850 The Exposure Draft proposes replacing the requirement to disclose "significant" accounting policies with a requirement to disclose material accounting policies, adds paragraphs 117A-117D to IAS 1 and examples to IFRS Practice Statement 2 to guide application of materiality to accounting policy disclosures, clarifies that policies relating to immaterial matters need not be disclosed, highlights circumstances when a policy is likely material, and requires prospective application while preserving other Standards' disclosure obligations. en-us Sat, 03 Aug 2019 17:55:23 +0530 Wed, 11 Feb 2026 15:58:27 +0530 TaxTMI RSS Generator Exposure Draft - Disclosure of Accounting Policies Proposed amendments to IAS 1 and IFRS Practice Statement 2 - Comments to be received by 29 November 2019 https://www.taxtmi.com/news?id=21850 The Exposure Draft proposes replacing the requirement to disclose "significant" accounting policies with a requirement to disclose material accounting policies, adds paragraphs 117A-117D to IAS 1 and examples to IFRS Practice Statement 2 to guide application of materiality to accounting policy disclosures, clarifies that policies relating to immaterial matters need not be disclosed, highlights circumstances when a policy is likely material, and requires prospective application while preserving other Standards' disclosure obligations. News - Sat, 03 Aug 2019 17:55:23 +0530 https://www.taxtmi.com/news?id=21850