Equity Method – International Accounting Standards Board
Date recorded:
At its meeting on March 20-23, 2023, the IASB met to continue its discussions on the application questions within the scope of this project with respect to (a) purchase of an additional interest in an associate while retaining significant influence; and (b) a perceived conflict between IFRS 10, Consolidated Financial Statements, and IAS 28, Investments in Associates and Joint Ventures. Following a discussion, the IASB made tentative decisions with respect to both (a) and (b). The IASB will continue its discussions on the application questions within the scope of the project.
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