Amendments to IAS 1 and the Impact on the ISAs: Disclosure of Material Accounting Policy Information

Amendments to IAS 1 and the Impact on the ISAs: Disclosure of Material Accounting Policy Information has been developed by the International Auditing and Assurance Standards Board’s (IAASB’s) International Accounting Standards Board (IASB) Liaison Working Group to address the impact on the International Standards on Auditing (ISAs) of certain narrow-scope amendments made by the IASB to International Accounting Standard (IAS) 1, Presentation of Financial Statements (the “amendments”). This publication does not amend or override the ISAs, the texts of which alone are authoritative. Reading this publication is not a substitute for reading the ISAs.