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 out in the Due Process Handbook of the IFRS Foundation and the IFRS Interpretation Committee.
The Board met remotely on 26 January 2021.
The topics, in order of discussion, were:
Board work plan update (Agenda Paper 8)
Maintenance and consistent application (Agenda Paper 12)
Disclosure Initiative—Subsidiaries that are SMEs (Agenda Paper 31)
Primary Financial Statements (Agenda Paper 21)
Click here to access IASPlus for an overview which summarises the staff recommendations and Board decisions.