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.