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Summary of the March 2019 GPF meeting

  • IFRS - IASB Image

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.

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.