-
FR International News
April 2023 IASB podcast available
04 May 2023
In this podcast, the topics discussed include a summary of the supplementary meeting the IASB held on 11 April about international tax reform and the OECD’s Pillar Two Model Rules relating to amendments to IAS 12; discussions on a project to make targeted improvements to recognising provisions and the existence of present obligations in IAS 37; and progress made in the Financial Instruments with Characteristics of Equity project.
-
FR International News
Compilation of Agenda Decisions—Volume 8 published
04 May 2023
The IFRS Foundation has published Compilation of Agenda Decisions - Volume 8 which contains all the agenda decisions issued by the IFRS Interpretations Committee from November 2022 to April 2023.
-
FR International News
April 2023 IASB Update available and work plan updated
02 May 2023
This Update highlights IASB’s discussions on topics such as Financial Instruments with Characteristics of Equity, Post-implementation Review of IFRS 9—Impairment, Disclosure Initiative—Subsidiaries without Public Accountability: Disclosures, and finalisation of the agenda decision on Definition of a Lease – Substitution Rights (IFRS 16). The IASB work plan has also been updated.
-
FR International News
May 2023 Emerging Economies Group agenda and meeting papers available
02 May 2023
For this meeting, topics for discussion include Climate-related Risks in Financial Statements, Amendments to the Classification and Measurement of Financial Instruments and Disclosure Initiative—Subsidiaries without Public Accountability: Disclosures.
-
FR International News
May 2023 Due Process Oversight Committee meeting papers available
28 Apr 2023
The meeting of the Due Process Oversight Committee will be held on 4 May 2023 to discuss the proposal for a shortened comment period for an exposure draft of proposed narrow-scope amendments to the IFRS for SMEs Accounting Standard arising from OECD’s Pillar Two model rules.
-
FR International News
IASB supplementary meeting on international tax reform and SME Accounting Standard
28 Apr 2023
A supplementary meeting was held on Wednesday 3 May 2023 to discuss a new project to help entities applying IFRS for SMEs Accounting Standard respond to new tax rules set by the Organisation for Economic Cooperation and Development (OECD).
-
FR International News
April 2023 supplementary IASB Update available
14 Apr 2023
This Update highlights IASB’s discussions on International Tax Reform—Pillar Two Model Rules. The IASB work plan has also been updated.
-
FR International News
April 2023 International Accounting Standards Board agenda and meeting papers available
14 Apr 2023
For the IASB meeting to be held on 25 – 27 April 2023, topics for discussion include Dynamic Risk Management, Financial Instruments with Characteristics of Equity, Definition of a Lease—Substitution Rights (IFRS 16)—Finalisation of agenda decision, and Post-implementation Review of IFRS 9 – Impairment.
-
FR International News
Q1 2023 IFRS Interpretations Committee podcast available
11 Apr 2023
In this podcast, IFRS Interpretations Committee Chair Bruce Mackenzie joined members Sophie Massol and Brian O’Donovan to share IFRIC’s latest activities to support consistent application of IFRS Accounting Standards in the first quarter of 2023. Topics discussed include Definition of a Lease—Substitution Rights (IFRS 16) and the Tentative Agenda Decision relating to the accounting of premiums receivable from an intermediary (IFRS 17 and IFRS 9).
-
FR International News
IASB confirms temporary relief from deferred tax accounting following OECD Pillar Two tax reform
11 Apr 2023
IASB has finalised amendments to IAS 12 following the feedback received on Exposure Draft International Tax Reform—Pillar Two Model Rules. The amendments provide temporary relief for companies from having to account for deferred taxes arising from the implementation of the OECD’s Pillar Two model rules. The amendments are expected to be issued by the end of May 2023.