IASB Update November 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 19 until Wednesday 20 November at the IFRS Foundation's offices in London.

The topics, in order of discussion, were:

  • Primary Financial Statements
  • Subsidiaries that are SMEs
  • Disclosure Initiative
  • IFRS 3 reference to the Conceptual Framework
  • Management Commentary
  • Amendments to IFRS 17 Insurance Contracts
  • Implementation Matters

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

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