IASB Update May 2024
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®
Accounting Standards, Amendments and IFRIC® Interpretations are formally balloted as set
out in the IFRS Foundation's Due Process Handbook.
The IASB met on 20–22 May 2024.
Research and standard-setting
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Financial Instruments with Characteristics of Equity (Agenda Paper 5)
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Post-implementation Review of IFRS 15 Revenue from Contracts with Customers (Agenda Paper 6)
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Post-implementation Review of IFRS 9—Impairment (Agenda Paper 27)
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Second Comprehensive Review of the IFRS for SMEs Accounting Standard (Agenda Paper 30)
Maintenance and consistent application
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Rate-regulated Activities (Agenda Paper 9)
Taxonomy
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Proposed IFRS Accounting Taxonomy Update—Contracts for Renewable Electricity (oral update)