Business Combinations under Common Control – International Accounting Standards Board
At its meeting on April 25-27, 2023, the IASB considered the direction of its project on Business Combinations under Common Control. The IASB discussed whether the merits of continuing in the current direction are likely to justify the necessary resources or whether to consider changing the direction. The IASB will seek feedback from its consultative groups before continuing its discussions.
Review the IASB Update and podcast on the Board's Web site.