Global Standards for the world economy

Tuesday 16 July 2019

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The Board discussed disclosures about restrictions on cash and about liquidity at the May 2016 IASB meeting

 19 May 2016


The Board met on 18 and 19 May 2016 to discuss disclosures about restrictions on cash and about liquidity, as part of the Disclosure Initiative.

Agenda Paper 11: Disclosures about restrictions on cash and about liquidity

At its meeting on 18 May the Board tentatively decided to develop, as part of a narrow scope project, its proposals for the disclosure of restrictions that affect the decisions of an entity to use cash and cash equivalents.

Eight of the 14 Board members agreed with this decision and six disagreed.

At its meeting on 19 May, the Board decided not to proceed with a broader liquidity project.

Next steps

At the June 2016 IASB meeting the staff plan to continue discussions on the Disclosure Intiative with a detailed analysis of the feedback received on the Exposure Draft: IFRS Practice Statement Application of materiality to financial statements, and to seek the Board's view on specific issues raised by respondents.