EFRAG has published its comment letters in response to the IASB’s Exposure Drafts ED/2021/9 Non-Current Liabilities with Covenants and ED/2021/10 Supplier Finance Arrangements (the EDs). In the EDs, the IASB proposes to clarify the classification of liabilities with covenants as non-current versus current and to enhance the transparency of reporting for supplier finance arrangements and their effects on an entity’s liabilities and cash flows. Please find the comment letter on ED/2021/09 Non-Current Liabilities with Covenants and the one on ED/2021/10 Supplier Finance Arrangements. Read the complete news here.