EFRAG: Draft comment letter on the annual improvements to IFRSs 2014–2016 cycle

16 December 2015

EFRAG has published its draft comment letter in response to the ED/2015/10 Annual Improvements to IFRSs 2014–2016 Cycle.

The IASB published the ED/2015/10 Annual Improvements to IFRSs 2014–2016 Cycle (the ‘ED’) on 19 November 2015, with comments due by 17 February 2016.

EFRAG understands that the annual improvements process offers a valuable opportunity to deal efficiently with a collection of non-urgent amendments to IFRS. EFRAG agrees that the issues addressed by the IASB within the ED meet the criteria of the IASB Due Process Handbook and therefore they should be resolved as part of the annual improvement project.

Full press release

Full draft comment letter

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