PE comments on IFRS consultation on developing disclosure requirements and proposed amendments to IFRS 13 and IAS 19
11 January 2022
PensionsEurope believes that the note disclosures with regards to pension plans are already very comprehensive in current annual financial statements. Most of the information disclosed in the notes covers already the proposed disclosure objectives.
PensionsEurope welcomes the opportunity to comment on the IFRS
consultation regarding the developing disclosure requirements and
proposed amendments to IFRS 13 and IAS 19. PensionsEurope believes that
the note disclosures with regards to pension plans are already very
comprehensive in current annual financial statements. Most of the
information disclosed in the notes covers already the proposed
disclosure objectives. For this reason, it is unclear, how the new
concept should better meet the users' needs. Furthermore, PensionsEurope
believes that any structured disclosure process needs checklists to
decide which information will not be provided due to materiality
reasons. Therefore, a checklist approach has its advantages. You can
read our answer and explanation here
Pensions Europe
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