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    IASB Issues Work Plan and Meeting Updates for October 2018

    October 26, 2018

    IASB published an updated work plan, along with the update of its meeting in October 2018. The updated on the IASB meeting highlights preliminary decisions of the Board.

    The key topics discussed at the October meeting included disclosure initiative, goodwill and impairment, implementation and maintenance projects, rate-regulated activities, primary financial statements, and preface to IFRS standards. Additionally, IASB received an update on the work to support implementation of IFRS 17 on insurance contracts and considered criteria for evaluating possible amendments to IFRS 17. IASB also received an update on the third Transition Resource Group meeting, which was held on September 26–27.

     

    Keywords: International, Accounting, Insurance, IFRS 17, Insurance Contracts, Work Plan, IASB

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