In its comment letter, EFRAG supports the proposed amendments as they clarify the existing requirements in IAS 1.
EFRAG also recommends that additional guidance is provided in certain situations when a right to defer settlement is subject to conditions that are assessed after the reporting period and when the timing of a liability is uncertain.
Finally, EFRAG suggests that the IASB further explores whether current guidance always provides the most relevant information when rights to defer settlement are not substantive.