News 2020


Sl.No Title Date
1 IASB reviews package of IFRS Standards for group accounting 9 December 2020
2 IASB consults on possible new accounting requirements for mergers and acquisitions within a group 30 November 2020
3 IASB proposes amendment to its leases Standard to improve accounting for sale and leaseback transactions 27 November 2020
4 IFRS Foundation Trustees consult on global approach to sustainability reporting and on possible Foundation role 30 September 2020
5 IASB completes response to IBOR reform with amendments to IFRS Standards 27 August 2020
6 IFRS Foundation publishes revised Due Process Handbook 24 August 2020
7 IASB defers the effective date of amendments to IAS 1 15 July 2020
8 IASB issues amendments to IFRS 17 Insurance Contracts to help companies with implementation 26 June 2020
9 IASB issues amendment to IFRS Standard on leases to help lessees accounting for covid-19-related rent concessions 28 May 2020
10 IASB proposes deferring IAS 1 amendments' effective date due to covid-19 4 May 2020
11 IASB consults on amendment to leases Standard to help companies with covid-19-related rent concessions 24 April 2020
12 Application of IFRS 16 in the light of the covid-19 uncertainty 10 April 2020
13 IASB proposes further amendments to IFRS Standards in response to interest rate benchmark reform 9 April 2020
14 The coronavirus and the IFRS Foundation's work 9 April 2020
15 Application of IFRS 9 in the light of the coronavirus uncertainty 27 March 2020
16 IASB consults on ways to help investors hold companies to account for acquisitions and on goodwill accounting 19 March 2020
17 Q&A 35.1 on transition to the IFRS for SMEs Standard published 18 March 2020
18 IASB decides on new effective date for IFRS 17 of 1 January 2023 17 March 2020
19 IASB consults on approach to updating its IFRS for SMEs Standard 28 January 2020
20 IASB clarifies requirements for classifying liabilities as current or non-current 23 January 2020