The topics covered during the meeting were the following (numbers in brackets are ref­er­ences to the cor­re­spond­ing para­graphs of the summary):

• Goodwill and impairment (1–15): The ASAF members discussed two alternatives related to stakeholders’ concerns on the IASB’s preliminary views in Discussion Paper Business Combinations — Disclosures, Goodwill and Impairment.
• Dynamic Risk Management (16–30): The ASAF members provided views on the recent refinements to the DRM model and whether equity should be eligible for designation in the DRM model.
• Post-implementation Review of IFRS 9 (31–43): The ASAF members were updated on feedback received on its post-implementation review of IFRS 9 (PIR) and provided views on contractual cash flow characteristics of financial assets and diversity in practice within certain jurisdictions related to application issues identified during the PIR.
• Financial Instruments With Characteristics of Equity (44–64): The ASAF members were provided an update on the project and expressed their views on the IASB’s tentative decisions on the classification of financial instruments with contingent settlement provisions and the effect of laws on the contractual terms.
• Disclosure Initiative: Targeted Standards-level Review of Disclosures (65–76): The ASAF members provided their views on possible courses of action for the project and discussed whether to suggest that the IASB proceeds with proposed amendments to IFRS 13 and IAS 19. In addition, they expressed the importance of digital reporting.

• Primary Financial Statements (77–102): The ASAF members were provided with an overview of the proposed topics and timing for targeted outreach; updated on the current status of the redeliberations relating to the disclosure of operating expenses by nature in the notes and seek advice on next steps being explored; and provided feedback on the IASB’s recent discussions on income and expenses with limited recurrence (unusual income and expenses).

• Disclosure Initiative — Subsidiaries Without Public Accountability: Disclosures (103–110): The ASAF members provided feedback on the interaction between local regulations and the IASB’s Exposure Draft Subsidiaries without Public Accountability: Disclosures.
• Second Comprehensive Review of the IFRS for SMEs Accounting Standards (111–115): The ASAF members were provided with an update on the IASB’s Second Comprehensive Review of the IFRS for SMEs Accounting Standard and exposure draft Third Edition of the IFRS for SMEs Accounting Standard.
• Agenda Planning and Feedback From Previous ASAF Meeting (116–118): The ASAFD members agreed to discuss proposed topics at its next meeting on 29 September 2022.

A full summary of the meeting is available on the IASB's website.