IMA FRC comment letter response to the IASB on Business Combinations

July 1, 2024

IMA’s Financial Reporting Committee issued a comment letter to share its views in response to the International Accounting Standards Board’s Request for Information – Business Combinations - Disclosures, Goodwill and Impairment.

The FRC provided comments on several key subject areas:

  • Disclosures: Performance of a business combination
  • Disclosures: Strategic business combinations
  • Disclosures: Exemption from disclosing information
  • Disclosures: Identifying information to be disclosed
  • Disclosures: Other proposals
  • Changes to the impairment test
Read the Comment Letter