The International Accounting Standards Board (IASB) has published a Request for Information (RfI), Post implementation Review: IFRS 3 Business Combinations.
The RfI seeks feedback on:
The NZASB is seeking information on the effect of the application of the requirements of any standard based on IFRS 3 Business Combinations (for example, NZ IFRS 3 and PBE IFRS 3).
Comments on the proposals are due to the NZASB by 2 May 2014 and to the IASB by 30 May 2014.
Comments, both formal and informal, can be made to the New Zealand Accounting Standards Board (NZASB) addressed to the Chief Executive, External Reporting Board, PO Box 11250, Manners Street Central, Wellington 6142, or by email to firstname.lastname@example.org.
It would be appreciated if respondents send their comments in electronic form (PDF and Microsoft Word formats) as it allows for efficient collation and analysis of comments. All comments will ultimately be posted on the XRB website unless respondents indicate that they wish their comments to remain confidential.