Second Comprehensive Review of the IFRS for SMEs: IASB Update December 2021
The IASB met on 14 December 2021 to discuss whether and, if so, how to propose amendments to the IFRS for SMEs Standard. Towards an exposure draft—IFRS 3 Business Combinations (Agenda Paper 30A) The IASB tentatively decided to propose amendments to Section 19 Business Combinations and Goodwill of the IFRS for SMEs Standard. The proposals would align the definition of a business…