At its February 2024 meeting, the International Accounting Standards Board (IASB) discussed the feedback on the Exposure Draft Annual Improvements to IFRS Accounting Standards—Volume 11. The IASB tentatively decided to finalise the proposed amendments with a minor wording change.
The IASB discussed feedback on its proposed amendments to paragraph IG14 of the Guidance. The IASB had proposed to amend paragraph IG14 of the Guidance to improve its consistency with paragraph 28 of IFRS 7.
The IASB tentatively decided to proceed with the proposed amendments with a minor wording change.
All 14 IASB members agreed with this decision.
Final Amendment
International Accounting Standards Board February 2024