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Summary of the March 2019 GPF meeting

  • GPF meeting (mid blue) Image

18 Apr 2019

Representatives of the IASB met with the Global Preparers Forum (GPF) in London on 22 March 2019. Notes from the meeting have now been released.

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

The meeting summary is available on the IASB's website.

The next GPF meeting will be held jointly with the Capital Markets Advisory Committee (CMAC) in London on 13–14 June 2019.

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