The December 2019 IASB Update has been published.

The topics discussed at the December meeting were:

  • Implementation Matters
    • Onerous Contracts
    • Annual Improvements 2018–2020
  • Accounting Policies and Accounting Estimates (Amendments to IAS 8)
  • Financial Instruments with Characteristics of Equity
  • Amendments to IFRS 17 Insurance Contracts
  • Updating a Reference to the Conceptual Framework (Amendments to IFRS 3)
  • SME Standard review and update
  • IBOR Reform and the Effects on Financial Reporting
  • Subsidiaries that are SMEs
  • Business Combinations under Common Control

View the December IASB Update. Previous updates are available here.