Exposure draft with narrow scope amendments to IFRS 3 released

Released 30 May 2019

The IASB has released an exposure draft ‘Reference to the Conceptual Framework (Proposed amendments to IFRS 3)’. Narrow scope amendments are proposed with no significant changes to the accounting requirements of IFRS 3 Business Combinations.

As the name suggests the amendments primarily relate to updated references to the latest 2018 version of the Conceptual Framework.

The deadline for comments is 27 September 2019.

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