Alert: Exposure Draft – Disclosure Requirements in IFRS Standards – A Pilot Approach (July 2021)

Date: July 21, 2021
Type: IFRS
Category: Alerts


In March 2021, the International Accounting Standards Board (IASB) issued the exposure draft Disclosure Requirements in IFRS Standards - A Pilot Approach. The Exposure Draft proposes guidance for the IASB when developing and drafting disclosure requirements to International Financial Reporting Standards (IFRS) in the future, and has applied the proposed guidance to develop proposed amendments for the disclosure sections of IFRS 13 Fair Value Measurement, and International Accounting Standard (IAS) 19 Employee Benefits.  The proposals in the Exposure Draft are a result of the IASB's standard-setter project, Disclosure Initiative  - Targeted Standards-level Review of Disclosures. In July 2021, the comment period deadline was extended.

Contact us

Michelle Balmer CPA, CA

Vice President, Assurance

Michelle Balmer, CPA, CA, is a Senior Assurance Services Partner with MNP. With 14 years of experience in public practice, Michelle helps a broad range of public and privately held companies in a variety of industries. She also works on special projects, including costing studies, benchmarking and best-practice studies, operational analyses, litigation support and due diligence.

As a key member of MNP's Assurance team, Michelle has played an instrumental role in assurance policy development, implementing accounting and assurance standards firm-wide and educating assurance practitioners regarding methodologies and new pronouncements. She also provides technical advice and consultation on accounting and assurance issues, as well as on rules of professional conduct issues, to all MNP practitioners.

Michelle was certified a Chartered Accountant (CA) after obtaining a Bachelor of Commerce degree from the University of Alberta. She has been actively involved with the Institute of Chartered Accountants of Alberta, including the Chartered Accountants School of Business, in an instructional and marketing capacity. An avid volunteer, she has assisted numerous groups such as the Easter Seals of Alberta, Paralympic Sports Association and Junior Achievement of Northern Alberta.