02 June 2021
In this episode of the monthly IASB podcast, Hans Hoogervorst and Sue Lloyd, Chair and Vice-Chair of the International Accounting Standards Board (Board) respectively, talk about the Board’s discussions at the meeting held virtually from 24 to 27 May 2021. Highlights included:
decisions taken in the Primary Financial Statements, the Second Comprehensive Review of the IFRS for SMEs Standard and Financial Instruments with Characteristics of Equity projects;
updates on the Dynamic Risk Management project; and
a discussion on the transition to IFRS 17 Insurance Contracts.
A full summary of the May Board meeting can be found in the IASB Update.