Primary Financial Statements – International Accounting Standards Board
At its meeting on December 14-16, 2021, the IASB met to redeliberate some of the proposals in the Exposure Draft relating to: (a) unusual income and expenses; and (b) income and expenses classified in the investing category. The IASB made a number of tentative decisions in respect of both of these topics. The IASB will continue to redeliberate the project proposals at future meetings.
Review the IASB Update and podcast on the Board's Web site.