13 September 2023To:
Members of the Hong Kong Institute of CPAsAll other interested partiesINVITATION TO COMMENT ON IASB EXPOSURE DRAFTAnnual Improvements to IFRS Accounting Standards – Volume 11Comments to be received by 10 November 2023The Financial Reporting Standards Committee (FRSC) of the Hong Kong Institute of CertifiedPublic Accountants (Institute) is seeking comments on the IASB Exposure Draft (ED) AnnualImprovements to IFRS Accounting Standards – Volume 11. The ED is available on theInstitute's website:
https://www.hkicpa.org.hk/en/Standards-setting/Standards/Open-for-comment-documents/fredThe International Accounting Standards Board (IASB) proposes to make narrow-scopeamendments to IFRS Accounting Standards and accompanying guidance as part of its periodicmaintenance of the Accounting Standards.Annual improvements are limited to changes that either clarify the wording in an IFRSAccounting Standard or correct relatively minor unintended consequences, oversights orconflicts between requirements in the Accounting Standards. The proposed improvements arepackaged together in one document.The ED covers proposed amendments to IFRS 1 First-time Adoption of International FinancialReporting Standards, IFRS 7 Financial Instruments: Disclosures and its accompanyingGuidance on implementing IFRS 7, IFRS 9 Financial Instruments, IFRS 10 ConsolidatedFinancial Statements and IAS 7 Statement of Cash Flows.The FRSC invites your comments on the proposals as set out in the ED by 10 November 2023to allow your comments to be considered in developing its response to the IASB. Commentsshould be supported by specific reasoning and should be submitted in written form.Comments may be sent by mail, fax or e-mail to:
Standard Setting DepartmentHong Kong Institute of Certified Public Accountants37th Floor, Wu Chung House213 Queen’s Road EastWanchai, Hong KongFax number (+852) 2865 6603E-mail: commentletters@hkicpa.org.hkComments will be acknowledged and may be made available for public review unless otherwiserequested by the respondent.
Invitation to Comment on IASB Exposure Draft Annual Improvements to IFRS Accounting Standards – Volume 11
下载原件13 September 2023To:
Members of the Hong Kong Institute of CPAsAll other interested partiesINVITATION TO COMMENT ON IASB EXPOSURE DRAFTAnnual Improvements to IFRS Accounting Standards – Volume 11Comments to be received by 10 November 2023The Financial Reporting Standards Committee (FRSC) of the Hong Kong Institute of CertifiedPublic Accountants (Institute) is seeking comments on the IASB Exposure Draft (ED) AnnualImprovements to IFRS Accounting Standards – Volume 11. The ED is available on theInstitute's website:
https://www.hkicpa.org.hk/en/Standards-setting/Standards/Open-for-comment-documents/fredThe International Accounting Standards Board (IASB) proposes to make narrow-scopeamendments to IFRS Accounting Standards and accompanying guidance as part of its periodicmaintenance of the Accounting Standards.Annual improvements are limited to changes that either clarify the wording in an IFRSAccounting Standard or correct relatively minor unintended consequences, oversights orconflicts between requirements in the Accounting Standards. The proposed improvements arepackaged together in one document.The ED covers proposed amendments to IFRS 1 First-time Adoption of International FinancialReporting Standards, IFRS 7 Financial Instruments: Disclosures and its accompanyingGuidance on implementing IFRS 7, IFRS 9 Financial Instruments, IFRS 10 ConsolidatedFinancial Statements and IAS 7 Statement of Cash Flows.The FRSC invites your comments on the proposals as set out in the ED by 10 November 2023to allow your comments to be considered in developing its response to the IASB. Commentsshould be supported by specific reasoning and should be submitted in written form.Comments may be sent by mail, fax or e-mail to:
Standard Setting DepartmentHong Kong Institute of Certified Public Accountants37th Floor, Wu Chung House213 Queen’s Road EastWanchai, Hong KongFax number (+852) 2865 6603E-mail: commentletters@hkicpa.org.hkComments will be acknowledged and may be made available for public review unless otherwiserequested by the respondent.