Management Commentary

The International Accounting Standards Board (IASB) in May 2021 released an Exposure Draft on Management Commentary to update its original voluntary Practice Statement released in 2010.

The IASB is currently in the process of considering the public comments received during the consultation period ending 23 November 2021. The paper can be accessed here, and it should be read in conjunction with the Basis for Conclusions on Exposure Draft Management Commentary document (which can be accessed here).

To view the IRC comment submission click here.