Disclosure Initiative : Primary Financial Statements – International Accounting Standards Board

Date recorded:

At its meeting on March 20-23, 2023, the IASB met to redeliberate certain proposals in its Exposure Draft relating to:  (a) disclosure of operating expenses by nature; (b) management performance measures; (c) categories in the statement of profit or loss; and (d) entities with specified main business activities.  Following a discussion, the IASB made tentative decisions with respect to (a) to (d). The IASB will continue to redeliberate the project proposals. 

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

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