ISCA seeks comments on IASB’s ED Contracts for Renewable Electricity (Proposed amendments to IFRS 9 and IFRS 7).
The Exposure Draft proposes narrow-scope amendments to ensure that financial statements more faithfully reflect the effects that renewable electricity contracts have on a company. The proposals amend IFRS 9 Financial Instruments and IFRS 7 Financial Instruments: Disclosures.
ISCA requires all comments to be submitted to professionalstandards@isca.org.sg by 21 June 2024 (Friday).
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