The International Accounting Standards Board (IASB) recently issued its Exposure Draft, “Business Combinations – Disclosures, Goodwill and Impairment,” and we want to hear your feedback!
This Exposure Draft proposes to address feedback received as part of the Post implementation Review (PIR) of IFRS 3, and respond to investor feedback by:
- requiring disclosure of information reviewed by key management personnel about the performance of a strategic business combination;
- enhancing existing qualitative and quantitative disclosures about business combinations, including information about expected synergies, and goodwill;
- directing entities to allocate goodwill and perform impairment assessments at the lowest level monitored by management for the related business; and
- simplifying and improving the calculation of value-in-use.
Why should you attend?
- Learn more about the proposals and their potential impact on financial reporting by entities across all sectors.
- Take advantage of this opportunity to share your views directly with representatives of the AcSB in an open forum discussion.
Can’t attend?
If you are unable to attend the roundtable or would prefer to speak to us in French, please contact us so we can consider alternative ways to obtain your input.
Comments are due to the IASB on July 15, 2024.
How to prepare