At its meeting on December 13-15, 2022, the IASB met to continue its discussions of application questions on the equity method as set out in IAS 28, specifically relating to (a) applying the preferred . approach after the purchase of an additional interest in an associate; (b) purchase of additional interest in an associate and share of unrecognized losses; and (c) recognition of losses and components of comprehensive income. Following its discussions, the IASB made tentative decisions with respect each of (a), (b) and (c). The IASB will continue its discussions on application questions within the scope of the project at future meetings.

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