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Monday 01 March 2021

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Exposure Draft [Nov 2012]

Exposure draft and comment letters [Nov 2012]

Exposure Draft and Comment letters

On 20 November 2012 the International Accounting Standards Board (IASB) published for public comment an Exposure Draft of proposed amendments to four International Financial Reporting Standards (IFRSs) under its annual improvements project. The project provides a streamlined process for dealing efficiently with a collection of narrow scope amendments to IFRSs.

The proposed amendments reflect issues discussed by the IASB in the project cycle that began in 2011. These amendments meet the criteria for the annual improvements process set out in the Due Process Handbook for the IASB. The criteria help in deciding whether a matter relating to the clarification or correction of IFRSs should be addressed using the annual improvements process.

The proposed effective date for the amendments is for annual periods beginning on or after 1 January 2014, although entities are permitted to adopt them earlier.

Comment letters

The Exposure Draft was open for comment until 18 February 2013.

Please note: when submitting a comment letter or when communicating with the IFRS Foundation, the IASB or any of its constituent bodies, you acknowledge and accept the IFRS Foundation Written Communication policy which details how we use and process your data.

View the Comment letters.


Due process documents
Annual Improvements to IFRSs 2011–2013 Cycle [PDF]
Exposé-sondage: Améliorations annuelles des IFRS ― Cycle 2011-2013 [PDF] (French)
 公開草案: IFRSの年次改善 2011-2013年サイクル [PDF] (Japanese)


Project contact

Leonardo Piombino