IASB Update May 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 Tuesday 14 to Thursday 16 May 2019 at the IFRS Foundation's offices in London.

The topics, in order of discussion, were:

  • Provisions
  • Implementation matters
  • Primary Financial Statements
  • Amendments to IFRS 17 Insurance Contracts
  • Disclosure Initiative
  • Management Commentary
  • Review of the IFRS for SMEs Standard
  • Rate-regulated Activities
  • Goodwill and Impairment

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

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