• May 2021 IASB Update published

May 2021 IASB Update published

04 June 2021

The IASB met remotely on 24-27 May 2021.

Following topics were covered during the discussion:

  • Dynamic Risk Management
  • Financial Instruments with Characteristics of Equity
  • Goodwill and Impairment
  • Primary Financial Statements
  • Second Comprehensive Review of the IFRS for SMEs Standard
  • Disclosure Initiative—Subsidiaries that are SMEs
  • IFRS 17 Insurance Contracts
  • Maintenance and consistent application

The meeting update has now been published, which may be accessed here.