IASB Update February 2023
This IASB Update highlights preliminary decisions of the
International Accounting Standards Board (IASB). Projects affected by these decisions
can be found on the work plan. The IASB's final decisions on IFRS®
Standards, Amendments and IFRIC® Interpretations are formally balloted as set out in the
IFRS Foundation's Due Process Handbook.
The IASB met on 20–23 February 2023.
Research and standard-setting
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Dynamic Risk Management (Agenda Paper 4)
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Financial Instruments with Characteristics of Equity (Agenda Paper 5)
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Rate-regulated Activities (Agenda Paper 9)
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Business Combinations—Disclosures, Goodwill and Impairment (Agenda Paper 18)
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Post-implementation Review of IFRS 9—Impairment (Agenda Papers 27–27D)
Maintenance and consistent application
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Maintenance and consistent application (Agenda Paper 12)
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Supplier Finance Arrangements—Transition, effective date and due process (Agenda Paper 12A)
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Lack of Exchangeability (Proposed Amendments to IAS 21)—Due process, effective date and other matters (Agenda Paper 12B)
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Hedge accounting by a first-time adopter (IFRS 1)—Potential annual improvement (Agenda Paper 12C)
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Determination of a ‘de facto agent’ (IFRS 10)—Potential annual improvement (Agenda Paper 12D)
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Transaction price (IFRS 9)—Potential annual improvement (Agenda Paper 12E)
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Cost method (IAS 7)—Potential annual improvement (Agenda Paper 12F)
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Gain or loss on derecognition (IFRS 7)—Potential annual improvement (Agenda Paper 12G)
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Credit risk disclosures—Potential annual improvement (Agenda Paper 12H)