SOCPA Shares Its View on IFRS 19 Amendment

The International Accounting Standards Board (IASB) has published an Exposure Draft to update the recently issued IFRS 19, aiming to align its requirements with updates made to the full version of International Financial Reporting Standards that were adopted after the initial adoption of this standard.
SOCPA, represented by its Accounting Standards Council, considered these amendments appropriate and suggested several improvements to the requirements that would reduce the cost for entities applying the standard while maintaining the minimum useful information needed by users of these entities' financial statements.
The details of SOCPA's comment on the Exposure Draft can be viewed by clicking here.

​