Summary of December 2017 ASAF meeting available

The Accounting Standards Advisory Forum held a meeting on 7 December and 8 December 2017.

The following items and projects were discussed:

• Academic Liaison
• Business Combinations under Common Control
• Disclosure Initiative—Definition of Material
• Disclosure Initiative—Principles of Disclosure
• Improvements to IFRS 8 Operating Segments
• Information Deficiencies and Consolidated Financial Statements
• Post-implementation Review of IFRS 13 Fair Value Measurement
• Primary Financial Statements
• Wider Corporate Reporting