The IASB has released its March 2025 update, along with a new podcast episode. Key discussions include the IFRS 16 Leases review, updates on intangible assets, and more.
Key Points
•📅 Event Recap: Highlights from the IASB meeting held on March 18–20
•🎙️ Podcast Alert: New episode featuring Chair Andreas Barckow
•📜 IFRS 16 Review: Post-implementation insights on IFRS 16 Leases
•💡 New Projects: Intangible assets and cash flow statements under the spotlight
•📢 Get Involved: Submit questions for future podcast episodes
🎤 The March Meeting Rundown
IASB's March 2025 meeting brought several key topics to the table. Attendees got a deep dive into the post-implementation review of IFRS 16 Leases, a crucial standard that has transformed how companies account for leases. The session covered lessee accounting, transition requirements, and disclosure effectiveness. The team also shed light on the ongoing projects concerning intangible assets and the Statement of Cash Flows.
🎧 Tune In: The Latest Podcast Episode
For those who prefer their updates in audio form, the IASB has released a new podcast episode. This month, Chair Andreas Barckow, IASB Member Jianqiao Lu, and Executive Technical Director Nili Shah discuss the highlights from the March meeting. They provide insider insights and break down complex topics into easy-to-understand segments. The podcast is available on Spotify, Apple Podcasts, and YouTube.
📊 What's New in IASB's Projects?
The IASB is not just resting on its laurels; it’s actively working on new projects. The March update highlights the focus on intangible assets and the Statement of Cash Flows. These projects aim to refine existing standards and address current gaps. The Fourth Agenda Consultation is also in the pipeline, set to shape the future priorities of the IASB.
📢 Your Voice Matters
The IASB is calling for your input! You can send in questions that you would like to have answered in future podcast episodes. This is a great opportunity to engage with the standard-setters and get clarity on pressing issues. Your questions could help shape the discussions and provide valuable insights for the broader accounting community.
