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Primary Financial Statements – International Accounting Standards Board

Date recorded:

At its meeting on October 25-28, 2021, the IASB met to redeliberate some of the proposals in its Exposure Draft relating to: (i) the classification and presentation of income and expenses from associates and joint ventures in the statement of profit or loss; (ii) the presentation of operating expenses in the statement of profit or loss and disclosure in the notes; and (iii) the operating profit or loss before depreciation and amortization subtotal. The Board made a number of tentative decisions in this regard. The Board will continue to redeliberate the project proposals at future meetings.

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

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.