Responses to IASB Documents for Comment

IAS 7 Statement of Cash Flows

Exposure Draft – Disclosure Initiative (Proposed amendments to IAS 7) – December 2014

On April 17, 2015, the AcSB submitted a comment letter responding to the IASB’s Exposure Draft issued in December 2014. The letter expresses support for the proposed amendments as an initial step forward.  The letter also expresses concern that additional liquidity disclosures are being added on an ad hoc basis and encourages the IASB to consider these disclosures more holistically. Read the AcSB letter posted by the IASB.