Dynamic Risk Management – International Accounting Standards Board
Date recorded:
At its meeting on February 21-24, 2022, the IASB met to discuss feedback on and an initial analysis of the mechanics of the Dynamic Risk Management model (DRM model)—which amounts to recognize and where to recognize them in financial statements. Preparers have identified the mechanics of the DRM model as the main remaining challenge. The IASB was not asked to make any decisions. The IASB will continue its discussion about the mechanics of the DRM model that would provide more useful information.
Review the IASB Update and podcast on the Board's Web site.
