IASB publishes January 2020 meeting update
IASB on January 31, 2020 published the updates on its January 2020 meeting. The topics discussed at the January meeting were:
- Amendments to IFRS 17 Insurance Contracts;
- Business combinations under common control;
- Disclosure Initiative —Targeted standards-level review of disclosures;
- IBOR Reform and its effects on financial reporting;
- IFRS Taxonomy Update—IBOR Reform (Amendments to IFRS 9, IAS 39 & IFRS 7);
- Implementation matters;
- Pensions benefits that depend on asset returns;
- Provisions;
- Rate-regulated activities;
- Research programme;
- Subsidiaries that are SMEs; and
- Updating a reference to the Conceptual Framework (Amendments to IFRS 3).
Further details can be found on the following link https://www.ifrs.org/news-and-events/2020/01/ january-2020-iasb-update-available/