Comments sought on exposure drafts

At BDO, we provide comments locally to the Australian Accounting Standards Board (AASB) and internationally to the International Accounting Standards Board (IASB). We welcome any client comments on exposure drafts that are currently available.

If you would like to provide any comments, please contact Aletta Boshoff, Partner and National Leader, IFRS & Corporate Reporting and National Leader, ESG & Sustainability.



Comments due to AASB by

Comments due to IASB by

ED 320 Fair Value Measurement of Non-Financial Assets of Not-for-Profit Public Sector Entities

Proposes additional authoritative implementation guidance in AASB 13 Fair Value Measurement for public sector not-for-profit entities, in determining fair value of non-financial assets not held primarily for their ability to generate cash flows. The proposed guidance relates to:

  • What market participant assumptions to use in measuring an asset’s fair value
  • Determining highest and best use
  • Application of the cost approach.

30 June 2022


ED 321 Request for Comment on [Draft] IFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information and [Draft] IFRS S2 Climate-related Disclosures

IFRS S1 proposes that entities be required to disclose material information, and gives insight into an entity’s sustainability-related risks and opportunities that affect enterprise value.

IFRS S2 proposes requirements for identifying, measuring, and disclosing climate-related risks and opportunities.

15 July 2022

29 July 2022