Disclosure Initiative – Primary Financial Statement – International Accounting Standards Board

Date recorded:

At its meeting on April 25-28, 2022, the IASB met to discuss a proposal in its Exposure Draft. The proposal discussed would be to require an entity to disclose an analysis of its operating expenses by nature in the notes when the entity reports its operating expenses by function in the statement of profit or loss. The IASB was not asked to make any decisions. The IASB will continue to redeliberate the project proposals at future meetings.

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

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