ICAI - IASB Exposure Draft on Prepayments of a Minimum Funding Requirement
June, 04th 2009
The International Accounting Standards Board (IASB) has issued Exposure Draft on Prepayments of a Minimum Funding Requirement: Proposed Amendments to IFRIC 14. This exposure draft contains proposals to amend IFRIC 14. The proposals would remove an unintended consequence arising from the treatment of prepayments in some circumstances when there is a minimum funding requirement.
Comments should be submitted in writing to the Secretary, Accounting Standards Board, The Institute of Chartered Accountants of India, ICAI Bhawan, Post Box No. 7100, Indraprastha Marg, New Delhi-110002, so as to be received not later than June 30, 2009. Comments can also be sent by e-mail at email@example.com or firstname.lastname@example.org.