8. October 2015
The ASCG today published its comment letter on ED/2015/7 Effective Date of Amendments to IFRS 10 and IAS 28.
The ASCG does not agree with the IASB´s proposal to defer indefinitely the effective date of Sale or Contribution of Assets between an Investor and its Associate or Joint Venture. The main reasons for this view are that the amendments were broadly supported and have fully passed the IASB´s due process.