Video: Overview of Exposure Draft Subsidiaries without Public Accountability: Disclosures
The International Accounting Standards Board (Board) is currently consulting on proposals for a new accounting standard that would permit eligible subsidiaries to apply IFRS Standards with reduced disclosure requirements in their financial statements. The comment period is open until 31 January 2022.
In this short video, Board Member Jianqiao Lu introduces the Board’s proposals set out in the Exposure Draft. This video is also available on the IASB YouTube channel.