SRP Meetings Deliberations

1. SRP Meeting 20 March 2014

The SRP met on 20 March 2014 and the following have been approved and endorsed:

Amendments to IAS 32 – Offsetting Financial Assets and Financial Liabilities (December 2011)

Amendments to IAS 36 (May 2013)

Amendments to IFRS 10, IFRS 12 and IAS 27 – Investment Entities

Amendments to IAS 39 – Novation (June 2013)

2. SRP Meeting 22 May 2014

The SRP met on 22 May 2014 and deliberated as follows:

IFRIC 21 Levies has been reviewed and approved – Read More

Comments with respect to Post Implementation Review: IFRS 3 – Submitted to IASB – Read More

Highlights of IFRSs and IFRICs effective for annual periods beginning on or after 01 January 2014 (Publication Date: June 2014) – Read More

3. SRP Meeting 10 July 2014

The SRP met on 10 July 2014 and approved the following:

Comments with respect to Disclosure Initiatives: Proposed Amendments to IAS 1 – Submitted to IASB – Read More

Comments with respect to ISA 720 The Auditors’ Responsibilities relating to Other Information – Submitted to IFIARRead More

4. SRP Meeting 07 August 2014

The SRP met on 07 August 2014 and approved the following:

Comments with respect to Proposed changes to certain provisions of the Code (IESBA) – Submitted to IFIAR – Read More

Comments with respect to Addressing Disclosures in Audit of Financial Statements – Submitted to IFIAR – Read More

5. SRP Meeting 09 September 2014

The SRP met on 09 September 2014 and approved the following:

Comments with respect to Exposure Draft on Investment Entities: Applying the Consolidation Exemption – Submitted to IASB – Read More

6. SRP Meeting 30 October 2014

The SRP met on 30 October 2014 and reviewed and approved the following:

Amendments to IAS 16 and IAS 41 (June 2014) – Read More

Comments on Exposure draft Proposed Changes to Code of Ethics Addressing the Long Association of Personnel with and Audit or Assurance Client – Submitted to IFIAR – Read More

7. SRP Meeting 18 November 2014

The SRP met on 18 November 2014 and reviewed and approved the following:

Amendments to IAS 27 Equity Method in Separate Financial Statements – Read More

Amendments to IAS 28 and IFRS 10 Sale or Contribution of Assets between an Investor and its Associate or Joint Venture – Read More

Highlights of IFRS issued in 2014 – Read More

Press Notice Early Adoption IFRS 15 – Read More

Comments with respect to Exposure Draft Recognition of Deferred Tax Assets for Unrealised Losses: Submitted to IASB – Read More

8. SRP Meeting 12 February 2015

The SRP met on 12 February 2015 and reviewed and approved the following:

Comments on Exposure Draft on Classification and measurement of share-based payment transactions – Read More

9. SRP Meeting 19 March 2015

The SRP met on 19 March 2015 and reviewed and approved the following:

Comments on Exposure Draft on Disclosure Initiative – Proposed amendments to IAS 7 – Read More

Comments on Exposure draft Proposed Changes to Code of Ethics Addressing Presentation of Information adn Pressure of Breach of Fundamental Principles – Submitted to IFIAR – Read More

10. SRP Meeting 16 April 2015

The SRP met on 16 April 2015 and reviewed and approved the following:

Comments on Exposure Draft – ISA 800 (Revised), Special Considerations ─ Audits of Financial Statements Prepared in Accordance with Special Purpose Frameworks, and ISA 805 (Revised), Special Considerations ─ Audits of Single Financial Statements and Specific Elements, Accounts or Items of a Financial Statement – Submitted to IFIAR – Read More

11. SRP Meeting 21 May 2015

The SRP met on 21 May 2015 and reviewed and approved the following:

IFRS 15, Revenue from Contracts with Customers has been reviewed and approved – Read More

Comments on Exposure Draft – Classification of Liabilities- proposed amendments to IAS 1 – Submitted to IASB – Read More

12. SRP Meeting 18 June 2015

The SRP met on 18 June 2015 and reviewed and approved the following:

Comments on Exposure Draft – Effective Date of IFRS 15 – proposed amendments to IFRS 15 – Submitted to IASB – Read More

13. SRP Meeting 27 August 2015

The SRP met on 27 August 2015 and reviewed and approved the following:

Comments on Exposure Draft – Re-measurement on a Plan Amendment, Curtailment or Settlement / Availability of a Defined Benefit Plan (Proposed Amendments to IAS 19 and IFRIC 14) – Read More