IASB – (International Accounting Standards Board) March 2016 update

globe

IASB in its meeting held on 15 and 16 March 2016 discussed, inter alia, the following:

 

  • Amendments to IFRS 4: Applying IFRS 9 Financial instruments with IFRS 4 Insurance Contracts – IASB decided on certain proposed amendments to IFRS 4. The other technical issues will be discussed in subsequent meetings. IASB aims to issue the amendments to IFRS 4 in September 2016.
  • IFRS 3 Business Combinations, ‘Definition of a business’ – IASB expects to issue the exposure draft on proposed amendment to IFRS 3 in the second quarter of 2016. The proposed amendment would clarify how to apply the definition of a business.
  • Goodwill and Impairment – IASB discussed few areas of Goodwill and impairment project. No decisions were made in this meeting.

 

Click here for IASB update.

for more information click here

 

 

 

Advertisements

One thought on “IASB – (International Accounting Standards Board) March 2016 update

  1. I just couldn’t go away your site prior to suggesting that
    I extremely enjoyed the usual information an individual provide on your visitors?

    Is gonna be back regularly to investigate cross-check new posts

    Like

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s