Hans talks about at the Primary Financial Statements project; specifically, how management performance measures can be brought into the financial statements, as discussed at the December Board meeting. Hans also explores the Rate-regulated Activities project, which includes a discussion about feedback received from the project advisory group on the development of the accounting model to date.
Amaro talks about the Board’s initial discussions of accounting methods as part of the Business Combinations Under Common Control project, and provides an update on the Goodwill and Impairment project.
They also briefly touch upon the Board’s discussion of implementation issues that followed on from the IFRS Interpretations Committee’s meeting in November, and the discussion about feedback received on the Principles of Disclosure Discussion Paper that was published early in 2017.
The podcast is rounded off by Hans and Amaro choosing their highlights of 2017. The full summary of the December Board meeting is available in the IASB Update. You can sign up to receive alerts about future podcasts and listen to previous podcasts here. The podcasts are also available on iTunes.