BDO submits comment letter on the proposed amendments to IAS 28
BDO submits comment letter on the proposed amendments to IAS 28
BDO submitted its comment letter on the Exposure Draft issued by the International Accounting Standards Board (IASB) Amendments to the Fair Value Option for Investments in Associates and Joint Ventures. The Exposure Draft proposes amendments to IAS 28 Investments in Associates and Joint Ventures.
BDO supports the proposed amendments to clarify the scope of the fair value option as described in IAS 28.18 as well as the proposed effective date and transition. However, BDO strongly encourages the IASB to consider amending IAS 28 to expand the scope of the fair value option to all entities as separate standard setting after concluding the next agenda consultation.
The comment letter may be accessed here.
BDO supports the proposed amendments to clarify the scope of the fair value option as described in IAS 28.18 as well as the proposed effective date and transition. However, BDO strongly encourages the IASB to consider amending IAS 28 to expand the scope of the fair value option to all entities as separate standard setting after concluding the next agenda consultation.
The comment letter may be accessed here.