Disclosure initiative — Primary Financial Statements – International Accounting Standards Board

Date recorded:

At its meeting on June 20-21, 2018, the International Accounting Standards Board (the Board) met to discuss:  

  • an analysis of the project areas in which the tentative Board decisions applying to non-financial entities could apply with little or no change to financial entities, including decisions about: management performance measures; aggregation and disaggregation; and other comprehensive income.
  • an analysis of project areas in which the Board would need to adjust the tentative decisions to apply them to financial entities, including decisions about: profit before financing and income tax; income and expenses from investments; and the statement of cash flows.
  • a summary of research on reporting practices for a sample of financial entities.

Review the IASB Update and podcast on the Board's Web site.

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