IFRB 2021/13 - IAS 1 Exposure Draft
26. November 2021
The IASB have published an exposure draft – Non-Current Liabilities with Covenants. The proposals in the exposure draft modify the requirements introduced by Classification of Liabilities as Current or Non-Current (2020 amendments) on how an entity classifies financial liabilities, as well as introducing new presentation and disclosure requirements. BDO has published an IFR Bulletin summarising the proposals.