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03 December 2010

EFRAG veröffentlicht endgültige Stellungnahme zum IASB ED 2010/12 Severe Hyperinflation


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EFRAG appreciates the IASB's responsiveness to the needs of its constituents, but has some concerns about the scope and application of the proposals.


In September 2010, the IASB issued the Exposure Draft Severe Hyperinflation (Proposed amendment to IFRS 1).  The Exposure Draft proposes an exemption which would allow an entity that has been subject to severe hyperinflation to measure assets and liabilities at fair value and use that fair value as the deemed cost of those assets and liabilities in the opening IFRS statement of financial position.

Full paper


© EFRAG - European Financial Reporting Advisory Group


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