IASB issues podcast on latest Board developments (May 2020)

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29 May, 2020

The IASB has released a podcast featuring IASB Chair, Hans Hoogervorst and Vice-Chair, Sue Lloyd discussing deliberations at (1) the May IASB meeting and (2) the Board's supplementary meeting on IFRS 16 covid-19-related rent concessions.

The podcast features discussions related to amendment to IFRS 16 Leases to help companies with covid-19-related rent concessions. The podcast also discusses:

  • Amendments to IFRS 17 Insurance Contracts;
  • IBOR reform and the effects on financial reporting — Phase 2;
  • Management commentary;
  • Disclosure initiative — Accounting policies; and
  • Maintenance and consistent application.

The podcast can be accessed through the press release on the IASB website. More information on the topics discussed is available through our comprehensive notes taken by Deloitte observers at the May IASB meeting as well as the Board's supplementary COVID-19 meeting.

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