IASB Proposes Updated Reference to Conceptual Framework in IFRS 3
31 May 2019
The IASB has published a publication consultation document proposing a narrow-scope amendment to IFRS 3, Business Combinations. The amendment is not intended to change practice for business combinations, but to update the standard, which still refers to an outdated version of IFRS’s conceptual framework.
The article discussing the proposed amendment is here.