NOFA Foundation has received from the Ministry of Finance of the Russian Federation the IFRS document «Non-current Liabilities with Covenants. Amendments to IAS 1» for expert review of its applicability in the Russian Federation.

The official texts of the documents in English and Russian are published on the IASB's website at https://www.ifrs.org/issued-standards/.

Members of the professional community and experts in financial accounting and reporting may participate in the review of the document’s applicability and send their comments to This email address is being protected from spambots. You need JavaScript enabled to view it. for the National Accounting Standards Board. Comments will be accepted until 15 October 2023. Please include the title of the document under review in the subject line.

Discussion and voting by members of the NOFA Foundation's expert panel will be by absentee ballot.

The expert review is conducted in accordance with the procedure established by the Regulation on the Recognition of International Financial Reporting Standards and Interpretations of International Financial Reporting Standards for Application in the Russian Federation, approved by Decree of the Government of the Russian Federation dated 25 February 2011 N 107, and the Agreement between the Ministry of Finance of the Russian Federation and the NOFA Foundation.