Comments sought on exposure drafts

At BDO, we provide comments locally to the Australian Accounting Standards Board (AASB) and internationally to the International Accounting Standards Board (IASB). We welcome any client comments on exposure drafts that are currently available.

If you would like to provide any comments, please contact Aletta Boshoff, Partner and National Leader, IFRS & Corporate Reporting and National Leader, ESG & Sustainability.

Document

Proposals

Comments due to AASB by

Comments due to IASB by

ED 323 Disclosure of Non-current Liabilities with Covenants

Proposes amendments to clarify the criteria for classifying a liability as current or non-current to be consistent with recent changes in AASB 2020-1 Amendments to Australian Accounting Standards – Classification of Liabilities as Current or Non-Current and AASB 2022-6 Amendments to Australian Accounting Standards – Non-current Liabilities with Covenants.

22 May 2023

N/A

ED 324 Amendments to the Classification and Measurement of Financial Instruments

Proposes to address various matters arising from the post-implementation review of IFRS 9 Financial Instruments, including relating to derecognition of financial liabilities settled through electronic transfer, and classification and measurement of financial assets with ESG-linked features.

31 May 2023

19 July 2023