| The International Accounting Standards Board (IASB) has issued Exposure Draft of Improving Disclosures about Financial Instruments: Proposed Amendments to IFRS 7 with the objective “to enhance disclosures about fair value measurements and the liquidity risk of financial instruments”. |
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| Invitation to comments |
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| ASB invites comments on the said Draft from the public. The downloadable version of the draft is available at http://www.iasb.org/NR/rdonlyres/1EB5581B-A460-40AF-9F66-0B9314A46C32/0/ED_AmendmentstoIFRS7_WEBSITE.pdf.
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| Comments would be most helpful if they indicate the specific paragraph or group of paragraphs to which they relate, contain a clear rationale and, where applicable, provide a suggestion for alternative wording. |
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| Comments should be submitted in writing to the Secretary, Accounting Standards Board, The Institute of Chartered Accountants of India, ICAI Bhawan, Post Box No. 7100, Indraprastha Marg, New Delhi-110002, so as to be received not later than December 05, 2008. Comments can also be sent by e-mail at tdte@icai.org or edcommentsasb@icai.org |
