22. July 2019
Today, the ASCG has submitted its comment letter on the proposals of the ED/2019/2 to the IASB (we reported). Further, we have forwarded the very same comments to EFRAG, thereby answering on EFRAG’s draft comment letter.
Therein, we agree with the aim to develop minor amendments through the annual improvements process. We also support the intention to clarify those IFRSs addressed in this ED.
However, we fully agree only with the amendments to IFRS1 and IAS 41. In respect of the other two proposals, we deem them not sufficiently addressing the respective issues. This is explained in more detail in our letter.