Summary of the October 2020 joint CMAC-GPF meeting

  • CMAC meeting (mid blue) Image
  • GPF meeting (mid blue) Image

24 Nov, 2020

Representatives from the International Accounting Standards Board (IASB) met with both the Capital Markets Advisory Council (CMAC) and Global Preparers Forum (GPF) by video conference on 8 October 2020. Notes and recordings from the joint meeting have now been released.

The topics discussed at the meeting included:

  • Business combinations — Disclosures, goodwill and impairment
  • Primary financial statements

There was also an update session on COVID-19 related matters.

The meeting summary on the IASB website only covers the first two topics, however, the meeting page offers recordings of all three topics.

The next CMAC meeting will be held on 11 March 2021 .The next GPF meeting is proposed to be held on 12 March 2021.

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