Exposure Drafts Pending

Exposure drafts listed below had been issued for public comments, the exposure period of which had lapsed. These drafts remained outstanding pending further review by the MASB or pending conclusion by the International Accounting Standards Board (IASB) / issuance of similar standard by the IASB.

[1] Pending MASB Exposure Drafts

ED Reference

ED Title

Issue Date

Comment Deadline

There is no pending MASB ED   


[2] Pending IASB Exposure Drafts, Draft IFRIC Interpretations and other draft pronouncements

The MASB has revised its due process (click here for the due process) in view that the Malaysian Financial Reporting Standards (MFRSs) are fully converged with the International Financial Reporting Standards (IFRS) since 1 January 2012. The revised due process allows for timely adoption and application of the MFRSs in Malaysia. This is important because the financial statements that have been prepared in accordance with MFRSs shall also make an explicit and unreserved statement of compliance with IFRSs. Therefore, the MASB issues IASB draft pronouncements simultaneously during the IASB’s exposure period as the Board will not issue them based upon IASB finalised pronouncements.

The following pending Draft Pronouncements refer to draft pronouncements issued by the MASB simultaneously during the IASB’s exposure period.



MASB Issue Date

MASB Comment Deadline


IASB ED/2010/2

Conceptual Framework for Financial Reporting: Reporting Entity

Mar 2010

16 Jul 2010

IASB ED/2013/7

Exposure Draft on Insurance Contracts

Basis for Conclusion

Illustrative Examples

3 Jul 2013 27 Sep 2013
IASB ED/2014/4 IASB Exposure Draft on Measuring Quoted Investments in Subsidiaries, Joint Ventures and Associates at Fair Value (Proposed amendments to IFRS 10, IFRS 12, IAS 27, IAS 28, IAS 36 and Illustrative Examples for IFRS 13) 22 Sep 2014 12 Dec 2014
2015/1 IASB ED/2015/1 on Classification of Liabilities (Proposed amendments to IAS 1)  18 Feb 2015 11 May 2015
2015/5 IASB ED2015/5 on Remeasurement on a Plan Amendment, Curtailment or Settlement/Availability of a Refund from a Defined Benefit Plan (Proposed amendments to IAS 19 and IFRIC 14) 18 June 2015 18 Sep 2015
2015/7 IASB ED2015/7 on Effective Date of Amendments to IFRS 10 and IAS 28 17 Aug 2015 25 Sep 2015
2017/2 IASB ED/2017/2 Improvements to IFRS 8 Operating Segments  (Proposed amendments to IFRS 8 and IAS 34)   14 Apr 2017 16 Jun 2017
2018/1 IASB Exposure Draft ED/2018/1 Accounting Policy Changes (Proposed amendments to IAS 8) 4 Apr 2018 18 Jun 2018
2018/2 IASB Exposure Draft ED/2018/2 Onerous Contracts—Cost of Fulfilling a Contract (Amendments to IAS 37) 21 Dec 2018 15 Mar 2019
2019/2 IASB Exposure Draft ED/2019/2 Annual Improvements to IFRS® Standards 2018–2020 31 May 2019 19 July 2019
2019/3 IASB Exposure Draft ED/2019/3 Reference to the Conceptual Framework (Proposed amendments to IFRS 3 Business Combinations) 14 June 2019 16 Aug 2019

IASB Exposure Draft ED/2019/4 Amendments to IFRS 17 Insurance Contracts

3 Jul 2019 19 Aug 2019

IASB Exposure Draft ED/2019/5 Deferred Tax related to Assets and Liabilities arising from a Single Transaction (Proposed amendments to IAS 12 Income Taxes)

26 July 2019 26 September 2019

IASB Exposure Draft ED/2019/6 Disclosure of Accounting Policies (Proposed amendments to IAS 1 Presentation of Financial Statements and IFRS Practice Statement 2 Making Materiality Judgements)

9 August 2019 31 October 2019