Call for Comments: Draft Endorsement Criteria Assessment of IAS 1 Narrow-Scope Amendments 2020 and 2022

Date: 31 May 2023

The UKEB has published a joint Draft Endorsement Criteria Assessment (DECA) on:

  • Classification of Liabilities as Current or Non-current — Amendments to IAS 1 issued by the IASB in January 2020; and
  • Non-current Liabilities with Covenants —Amendments to IAS 1 issued by the IASB in October 2022.

Both Amendments have an effective date of 1 January 2024, with earlier application permitted.

The UKEB invites stakeholders’ views on the potential UK adoption of the Amendments.

The Invitation to Comment, and associated Your Details document, can be accessed here.

The DECA can be accessed here and is open for stakeholder comments until close of business on 8 June 2023.

Responses should be emailed to

Visit our website for more information on the UKEB’s approach to this project.