Management Commentary Exposure Draft to be published by IASB in May 2021 instead of April 2021

The IASB had undertaken a project to revise IFRS Practice Statement 1 Management Commentary. The Exposure Draft of the revised Practice Statement was expected to be released in April 2021.

Now, the IASB has announced that it expects to publish the Exposure Draft of the revised Practice Statement in May 2021.

The statement by the IASB on the postponement may be accessed here.