|Accounting Standards Board
The Institute of Chartered Accountants of India
5th October, 2021
|Request for Information: Post-implementation Review of IFRS 9-Classification and Measurement
Indian Accounting Standards (Ind AS) are based on the IFRS Standards issued by the International Accounting Standards Board (IASB) of IFRS Foundation. IASB conducts Post-implementation Review (PIR) of already issued IFRS Standards to identify whether these Standards provide information that is useful to users of financial statements; whether there are requirements that are difficult to implement and may prevent the consistent implementation of the standards; and whether unexpected costs have arisen in connection with applying or enforcing the standards. The Accounting Standards Board (ASB) of ICAI with the aim to provide an opportunity to various stakeholders in India to participate in the International Standard-setting stage, invites comments on the consultative documents issued by the IASB. At present Request for Information: Post-implementation Review of IFRS 9-Classification and Measurement issued by IASB is open for comments.
Further clarifications on this Request for Information may be sought by e-mail to firstname.lastname@example.org