IASB Update February 2019

This IASB Update highlights preliminary decisions of the International Accounting Standards Board (Board). The Board's final decisions on IFRS^® Standards, Amendments and IFRIC^® Interpretations are formally balloted as set forth in the Due Process Handbook of the IFRS Foundation and the IFRS Interpretation Committee. 



The Board met on Thursday 7 and Friday 8 February 2019 at the IFRS Foundation's offices in London.

The topics, in order of discussion, were:

• IFRS for SMEs^® Standard - review and update
• Management Commentary
• Primary Financial Statements
• Amendments to IFRS 17 Insurance Contracts
• IBOR Reform and the Effects on Financial Reporting

Click here to access IASPlus for an overview which summarises the staff recommendations and Board decisions.

Click here to access the IASB February 2019 Update on the IFRS site.