The International Accounting Standards Board (IASB) in her usual practice of monthly meetings met on 8 and 9 April 2025 to discuss issues around the International Financial Reporting Standards (IFRS) .
This article discusses the major issues the IASB discussed during the April 2025 meeting.
Main Issues Discussed By IASB During April 2025 Meeting
1. Business Combinations—Disclosures, Goodwill and Impairment
2. Guarantees Issued on Obligations of Other Entities
3. Recognition of Revenue from Tuition Fees (IFRS 15 Revenue from Contracts with Customers)
4. Recognition of Intangible Assets Resulting from Climate-related Expenditure (IAS 38 Intangible Assets)
5. Updates to agenda decisions for IFRS 18
6. IFRIC Update March 2025
7. Climate-related and Other Uncertainties in the Financial Statements
For full details of the discussions held, do well to visit the IASB website
https://www.ifrs.org/news-and-events/updates/iasb/2025/iasb-update-april-2025/