ICAI's Comments on IASB's Exposure Draft 'Onerous Contracts- Cost of fulfilling a contract - Proposed amendments to IAS 37'
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Added on 2022/11/14
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AI Summary
The Accounting Standards Board (ASB) of The Institute of Chartered Accountants of India (the ICAI) welcomes the Exposure Draft on ‘Onerous Contracts- Cost of fulfilling a contract’ (Proposed amendments to IAS 37, Provisions, Contingent Liabilities and Contingent Assets) and broadly agrees with the proposed clarifications.
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