Summary of the March 2019 GPF meeting
Apr 18, 2019
On April 18, 2019, the International Accounting Standards Board (the Board) posted the minutes of the meeting of the Global Preparers Forum (GPF) with representatives of the IASB held in London on March 22, 2019.
The topics discussed at the meeting included
- IASB update
- SMEs that are subsidiaries — Application advice in individual jurisdictions
- Onerous contracts — Costs of fulfilling a contract (proposed amendments to IAS, 37 Provisions, Contingent Liabilities and Contingent Assets)
- Provisions
- Management commentary
- Disclosure initiative — Targeted Standards-level review and user outreach summary
Review the press release and meeting summary on the Board's website.
