IASB begins webcast series on the forthcoming standard for subsidiaries
23 Nov 2023
The IASB has released the first in a series of webcasts explaining the requirements in the forthcoming reduced-disclosure standard for subsidiaries of parent companies that apply IFRSs.
The webcast gives an overview of the new standard and explains why the IASB developed it, who are the subsidiaries eligible to apply the new standard and the benefits it will bring to subsidiaries and their parent companies, as well as the users of financial statements.
Further webcasts in the series will explain the expected effects of the future standard.
Please click to access the webcast (9 minutes) on the IFRS Foundation website.