IASB releases Exposure Draft proposing improvements to the equity method
IASB releases Exposure Draft proposing improvements to the equity method
The International Accounting Standards Board (IASB) has issued Exposure Draft Equity Method of Accounting—IAS 28 Investments in Associates and Joint Ventures (revised 202x).
The Exposure Draft sets out:
The IASB has also issued a Snapshot documents that provides an overview of the proposed amendments.
The Exposure Draft and the Snapshot may be accessed here or on Equity Method project page.
The Exposure Draft sets out:
- proposed amendments to IAS 28 to answer application questions about how to apply the equity method of accounting; and
- proposals to improve the disclosure requirements in IFRS 12 Disclosure of Interests in Other Entities and IAS 27 Separate Financial Statements to complement the proposed amendments to IAS 28.
The IASB has also issued a Snapshot documents that provides an overview of the proposed amendments.
The Exposure Draft and the Snapshot may be accessed here or on Equity Method project page.