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December 2023 IASB Update available and work plan updated

The Board met on 12–14 December 2023, and the topics discussed were as follows:

Work plan overview

  • IASB work plan update

Research and standard-setting

  • Rate-regulated Activities
  • Management Commentary
  • Second Comprehensive Review of the IFRS for SMEs Accounting Standard
  • Disclosure Initiative—Subsidiaries without Public Accountability: Disclosures

Maintenance and consistent application

  • Power Purchase Agreements
  • Use of a Hyperinflationary Presentation Currency by a Non-hyperinflationary Entity
  • Climate-related and Other Uncertainties in the Financial Statements
  • Provisions—Targeted Improvements
  • Addendum to the Exposure Draft Third edition of the IFRS for SMEs Accounting Standard

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