BDO releases IFRB 2021/13 - IAS issues Exposure Draft to Amend IAS 1 - Non-Current Liabilities with Covenants
22 December 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, which may be accessed here.