New Comment Letter uploaded to the BDO Website – ED 2017/2 Improvements to IFRS 8

BDO has submitted its comment letter in response to the International Accounting Standard Boards exposure draft ED 2017/2 Improvements to IFRS 8 Operating Segments

Although we are supportive of the Board’s efforts to clarify the requirements of IFRS 8 to assist preparer’s in applying its requirements, we are unsure that the proposed amendments will make it easier for preparers to identify the chief operating decision maker.  We believe to would be helpful if the Basis for Conclusions to the final amendments describe a number of specific, practical situations where application of IFRS 8 as currently drafted results in ambiguity as to who is the CODM and how the amendments address that ambiguity

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