Introduction

In this Exposure Draft, the International Accounting Standards Board (Board) proposes to amend IAS 37 Provisions, Contingent Liabilities and Contingent Assets. The amendments specify the costs an entity includes in determining the ‘cost of fulfilling’ a contract for the purpose of assessing whether a contract is onerous.

Invitation to comment

ASB invites comments on the Exposure Draft from the public. The downloadable version is available at:https://resource.cdn.icai.org/53550asb42970.pdf

How to comment

Comments should be submitted using one of the following methods, so as to be received not later than February 28, 2019.