Global Standards for the world economy

Monday 24 June 2019

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Project news


Project update January 2016

 22 January 2016


The Board discussed the findings of the research undertaken so far on the measurement proposals included in the Exposure Draft (ED) 'Measuring Quoted Investments in Subsidiaries, Joint Ventures and Associates at Fair Value' (Proposed amendments to IFRS 10, IFRS 12, IAS 27, IAS 28 and IAS 36 and Illustrative Examples for IFRS 13). In particular, the Board discussed the feedback received from users, preparers and the Global Preparers Forum, and discussed the outcome of the academic literature review undertaken.

In addition, the Board noted that it will use the work carried out during this research by feeding it into the Post-implementation Review (PIR) of IFRS 13 Fair Value Measurement.

All 14 Board members agreed with this decision.

Next steps

The Board will consider further work on this topic if the PIR identifies this as a critical area in which entities have encountered significant problems when implementing the Standard.

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