The Committee on Corporate Reporting ("CCR") of Financial Executives International ("FEI") wishes to share its views on the International Accounting Standards Board (the "IASB") Exposure Draft of Proposed Amendment to IFRS 1 First-time Adoption of International Financial Reporting Standards and IAS 27 Consolidated and Separate Financial Statements Cost of an Investment in a Subsidiary, Jointly Controlled Entity or Associate ("Exposure Draft").