Call for comments on Amendments to IFRS 4 - extension to IFRS 9 deferral
27 October 2020
The FRC has today published a draft UK Endorsement Criteria Assessment on the IASB’s Amendments to IFRS 4 - Extension of the Temporary Exemption from Applying IFRS 9
As part of the preparation for the end of the Transition Period, work is being undertaken to ensure the UK is ready to undertake adoption of the Amendments if EU adoption does not occur in December 2020. Further details can be found in the Invitation to Comment.
The Invitation to Comment can be accessed here
The draft UK Endorsement Criteria Assessment can be accessed here
The FRC welcomes stakeholders’ views to inform its recommendation to the BEIS Secretary of State concerning adoption of the Amendments in the UK. Please respond no later than close of business on Tuesday 10 November 2020