On 19 September 2024 the International Accounting Standards Board (IASB) published the Exposure Draft Equity Method of Accounting—IAS 28 Investments in Associates and Joint Ventures (revised 202x). The Exposure Draft sets out:
As part of the IASB’s work to improve the understandability of IFRS Accounting Standards, the IASB is proposing to re-order the requirements in IAS 28 in a more logical and consistent way. A copy of IAS 28 (revised 202x), as set out in the Exposure Draft, marked-up against the current version of IAS 28, is available.
The comment period closed on 20 January 2025.
The IASB met on 21 May 2025 to discuss a summary of the feedback from comment letters and from outreach activities on its Exposure Draft Equity Method of Accounting—IAS 28 Investments in Associates and Joint Ventures (revised 202x). The Exposure Draft proposed amendments to IAS 28 that answered application questions in the scope of the project.
The IASB was not asked to make any decisions.
Decide Project Direction
International Accounting Standards Board May 2025