IASB publishes Request for Information on the post-implementation review of IFRS 3
Posted by mostafa on 30 January, 2014
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The International Accounting Standards Board (IASB) has issued a Request for Information (RFI) seeking comments from stakeholders to identify whether IFRS 3 ‘Business Combinations’ provides information that is useful to users of financial statements; whether there are areas of IFRS 3 that are difficult to implement and may prevent the consistent implementation of the standard; and whether unexpected costs have arisen in connection with applying or enforcing the standard.