Last Call for Comments: Draft Comment Letter: Exposure Draft — Provisions – Targeted Improvements

This is the last call for comments on the UKEB’s Draft Comment Letter (DCL) in response to the IASB’s Exposure Draft Provisions – Targeted Improvements. The UKEB is keen to understand stakeholder views on the IASB’s proposals and the UKEB’s draft response.

The UKEB’s DCL is supportive of the IASB’s efforts to clarify the requirements in IAS 37 Provisions, Contingent Liabilities and Contingent Assets, but notes concerns that the proposals may create interpretation issues. Stakeholders are invited to provide feedback either by answering the questions in the Invitation to Comment form or by email to UKEndorsementBoard@endorsement-board.uk. Comments are welcome until close of business on 10 February 2025.

For further detail on this project, see the UKEB project page.