IASB lays out plans

How many new standards are proposed?

5

2

3

4

Which two standards are to be issued around Easter 2024?

IFRS 19 and IFRS 20

IFRS 17 and IFRS 18

IFRS 20 and IFRS 21

IFRS 18 and IFRS 19

Which, if any, of the following statements are true? Statement 1, IFRS 19 will look at subsidiaries without public accountability, or Statement 2, IFRS 19 is likely to reduce some disclosures for subsidiaries without public accountability

Both statements

Neither statement

Statement 2 only

Statement 1 only

IFRS 19 replaces which standard?

IFRS 3, Business Combinations

IFRS 11, Joint Arrangements

No specific standard currently exists

IFRS 10, Consolidated Financial Statements

If IFRS 20 is implemented, which standard will it replace?

IFRS 13, Fair Value Measurements

IFRS 8, Operating Segments

IFRS 9, Financial Instruments

IFRS 14, Regulatory Deferral Accounts

What is the main focus of the Business Combinations, Disclosures, Goodwill and Impairment project?

Altering the goodwill calculation

Proposing a move to amortisation of goodwill

Enhancing the disclosures relating to acquisitions

Assessing the impairment calculation

What is proposed under the climate-related and other uncertainties project?

Development of illustrative examples

The project is to be ceased

Creation of a new IFRS Accounting Standard

Including within IFRS S2

Which of these statements is true? Statement 1, work on intangible assets is projected to begin in 2024, or Statement 2, work on cashflows is projected to begin in 2024

Statement 1 only is true

Neither statement is true

Statement 2 only is true

Both statements are true

Which of the following projects is being ceased?

Rate-regulated activities

Provisions

Financial Instruments with Characteristics of Equity

Extractive industries

Which, if any, of the following statements is correct? Statement 1, the Business Combinations under Common Control project is planned to cease, or Statement 2, the Management Commentary project is planned to cease

Statement 1 only is correct

Statement 2 only is correct

Neither statement is correct

Both statements are correct

How many new standards are proposed?

Which two standards are to be issued around Easter 2024?

Which, if any, of the following statements are true? Statement 1, IFRS 19 will look at subsidiaries without public accountability, or Statement 2, IFRS 19 is likely to reduce some disclosures for subsidiaries without public accountability

IFRS 19 replaces which standard?

If IFRS 20 is implemented, which standard will it replace?

What is the main focus of the Business Combinations, Disclosures, Goodwill and Impairment project?

What is proposed under the climate-related and other uncertainties project?

Which of these statements is true? Statement 1, work on intangible assets is projected to begin in 2024, or Statement 2, work on cashflows is projected to begin in 2024

Which of the following projects is being ceased?

Which, if any, of the following statements is correct? Statement 1, the Business Combinations under Common Control project is planned to cease, or Statement 2, the Management Commentary project is planned to cease

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