IFRS publishes project summaries on IFRS 8 and discount rates
Released 28 February 2019
The International Financial Reporting Standards (IFRS) Foundation has published two documents summarising work on improving IFRS 8 and discount rates in IFRS standards.
The work carried out by the International Accounting Standards Board (IASB) looks at possible improvements to IFRS 8 Operating Segments and on discount rates in IFRS Standards:
•the IFRS 8 project summary provides an overview of feedback on the IASB's proposals in its exposure draft improvements to IFRS 8 Operating Segments—Proposed amendments to IFRS 8 and IAS 34, published in March 2017. The summary also explains why the IASB decided not to proceed with those proposals.
•the discount rates project summary provides an overview of research considered by the IASB from 2014 to 2017 in its project on discount rates in IFRS standards.
For more information, see Project summaries on IFRS 8 and discount rates published.