IASB Update January 2020
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 28-30 January 2020 at the IFRS Foundation's offices in
London.
The topics, in order of discussion, were:
- Subsidiaries that are SMEs
- Business Combinations under Common Control
- Pensions Benefits that Depend on Asset Returns
- Implementation matters
- Disclosure Initiative—Targeted Standards-level Review of Disclosures
- Updating a Reference to the Conceptual Framework (Amendments to IFRS 3)
- Provisions
- Research programme update
- Rate-regulated Activities
- IBOR Reform and its Effects on Financial Reporting—Phase 2
- Amendments to IFRS 17 Insurance Contracts
- IFRS Taxonomy Update—Interest Rate Benchmark Reform (Amendments to IFRS 9, IAS 39 and IFRS 7)