31 March 2021To:
Members of the Hong Kong Institute of CPAsAll other interested partiesINVITATION TO COMMENT ON IASB REQUEST FOR INFORMATIONThird Agenda ConsultationComments to be received by 10 August 2021The Financial Reporting Standards Committee (FRSC) of the Hong Kong Institute ofCertified Public Accountants (Institute) is seeking comments on the IASB Request forInformation Third Agenda Consultation. The Request for Information (RFI) is available onthe Institute's website:
https://www.hkicpa.org.hk/en/Standards-and-regulation/Standards/Open-for-comment-documents/fredThe International Accounting Standards Board (IASB) is seeking public views on what itspriorities should be over the next five years. This is the third time the IASB has consultedthe public via an agenda consultation to help create its five-year plan.The IASB is asking for views on the strategic direction and balance of its activities—forexample, how much time it should spend on developing new IFRS Standards comparedwith that spent on its other activities, such as supporting consistent application of theStandards. The IASB is also seeking views on which financial reporting issues it shouldprioritise and on the criteria for adding projects to its work plan.The feedback received will help the IASB determine its activities and work plan for 2022 to
2026.Some of the IASB’s capacity during the period from 2022 to 2026 will be devoted tocompleting projects already underway and to post-implementation reviews that assesswhether recently issued IFRS Standards are working as intended. However, the IASB alsoexpects to have capacity to take on some new projects.The FRSC invites your comments on the RFI by 10 August 2021 to allow your commentsto be considered in developing its response to the IASB. Comments should be supportedby specific reasoning and should be submitted in written form.Comments may be sent by mail, fax or e-mail to:
Standard Setting DepartmentHong Kong Institute of Certified Public Accountants37th Floor, Wu Chung House213 Queen’s Road EastWanchai, Hong KongFax number (+852) 2865 6776E-mail: commentletters@hkicpa.org.hkComments will be acknowledged and may be made available for public review unlessotherwise requested by the respondent.
Invitation to Comment on IASB Request for Information Third Agenda Consultation
下载原件31 March 2021To:
Members of the Hong Kong Institute of CPAsAll other interested partiesINVITATION TO COMMENT ON IASB REQUEST FOR INFORMATIONThird Agenda ConsultationComments to be received by 10 August 2021The Financial Reporting Standards Committee (FRSC) of the Hong Kong Institute ofCertified Public Accountants (Institute) is seeking comments on the IASB Request forInformation Third Agenda Consultation. The Request for Information (RFI) is available onthe Institute's website:
https://www.hkicpa.org.hk/en/Standards-and-regulation/Standards/Open-for-comment-documents/fredThe International Accounting Standards Board (IASB) is seeking public views on what itspriorities should be over the next five years. This is the third time the IASB has consultedthe public via an agenda consultation to help create its five-year plan.The IASB is asking for views on the strategic direction and balance of its activities—forexample, how much time it should spend on developing new IFRS Standards comparedwith that spent on its other activities, such as supporting consistent application of theStandards. The IASB is also seeking views on which financial reporting issues it shouldprioritise and on the criteria for adding projects to its work plan.The feedback received will help the IASB determine its activities and work plan for 2022 to
2026.Some of the IASB’s capacity during the period from 2022 to 2026 will be devoted tocompleting projects already underway and to post-implementation reviews that assesswhether recently issued IFRS Standards are working as intended. However, the IASB alsoexpects to have capacity to take on some new projects.The FRSC invites your comments on the RFI by 10 August 2021 to allow your commentsto be considered in developing its response to the IASB. Comments should be supportedby specific reasoning and should be submitted in written form.Comments may be sent by mail, fax or e-mail to:
Standard Setting DepartmentHong Kong Institute of Certified Public Accountants37th Floor, Wu Chung House213 Queen’s Road EastWanchai, Hong KongFax number (+852) 2865 6776E-mail: commentletters@hkicpa.org.hkComments will be acknowledged and may be made available for public review unlessotherwise requested by the respondent.