Our Ref.: C/FRSCSent electronically through the IASB Website (www.ifrs.org)
3 June 2020Mr Hans HoogervorstInternational Accounting Standards BoardColumbus Building7 Westferry CircusCanary WharfLondon E14 4HDUnited KingdomDear Hans,IASB Exposure Draft ED/2020/3Classification of Liabilities as Current or Non-current—Deferral of Effective DateProposed amendment to IAS 1The Hong Kong Institute of Certified Public Accountants (HKICPA) is the only bodyauthorised by law to set and promulgate standards relating to financial reporting, auditingand ethics for professional accountants, in Hong Kong. We are grateful for theopportunity to provide you with our views on this Exposure Draft (ED).The HKICPA supports the IASB’s proposal and reasoning to defer by one year theeffective date of the amendments to IAS 1 Classification of Liabilities as Current or Non-current.Work undertaken by HKICPA in forming its views:
The HKICPA:
(a) issued an Invitation to Comment on the ED on 6 May 2020 to our stakeholders; and(b) developed its views through its Financial Reporting Standards Committee, havingreflected on its stakeholder feedback. The Committee comprises academics,preparer representatives from various industry sectors, investors, regulators, andtechnical and industry experts from small, medium and large accounting firms.If you have any questions regarding the matters raised in this letter, please contact meor Katherine Leung (katherineleung@hkicpa.org.hk) Associate Director of the StandardSetting Department.Yours sincerely,Michelle FisherDeputy Director, Standard Setting Department
IASB Exposure Draft ED/2020/3 Classification of Liabilities as Current or Non-current—Deferral of Effective Date (Proposed amendment to IAS 1)
下载原件Our Ref.: C/FRSCSent electronically through the IASB Website (www.ifrs.org)
3 June 2020Mr Hans HoogervorstInternational Accounting Standards BoardColumbus Building7 Westferry CircusCanary WharfLondon E14 4HDUnited KingdomDear Hans,IASB Exposure Draft ED/2020/3Classification of Liabilities as Current or Non-current—Deferral of Effective DateProposed amendment to IAS 1The Hong Kong Institute of Certified Public Accountants (HKICPA) is the only bodyauthorised by law to set and promulgate standards relating to financial reporting, auditingand ethics for professional accountants, in Hong Kong. We are grateful for theopportunity to provide you with our views on this Exposure Draft (ED).The HKICPA supports the IASB’s proposal and reasoning to defer by one year theeffective date of the amendments to IAS 1 Classification of Liabilities as Current or Non-current.Work undertaken by HKICPA in forming its views:
The HKICPA:
(a) issued an Invitation to Comment on the ED on 6 May 2020 to our stakeholders; and(b) developed its views through its Financial Reporting Standards Committee, havingreflected on its stakeholder feedback. The Committee comprises academics,preparer representatives from various industry sectors, investors, regulators, andtechnical and industry experts from small, medium and large accounting firms.If you have any questions regarding the matters raised in this letter, please contact meor Katherine Leung (katherineleung@hkicpa.org.hk) Associate Director of the StandardSetting Department.Yours sincerely,Michelle FisherDeputy Director, Standard Setting Department