Date: 19 August 2021
The UK Endorsement Board secretariat have launched a series of three videos exploring the IASB exposure draft Disclosure Requirements in IFRS Standards – A Pilot Approach (the “Disclosure Pilot”). The exposure draft proposes changes to IASB’s approach to drafting standards such that mandatory lists of disclosures are replaced by an objectives based approach, and proposes implementing this approach in IFRS 13 Fair Value Measurement and IAS 19 Employee Benefits.
Links to the videos in this series can be found here:
Hosted by Louise Freeman (UKEB secretariat) and Kathryn Donkersley & Aishat Akinwale (IASB technical staff) these videos provides an overview of the proposals in the discussion paper, give an insight into the IASB thinking behind these proposals and reflect on some of the stakeholder feedback received to date.
More information on this project can be found on the UKEB website here.