Addendum to IFRIC Update November 2023 published

On 30 January 2024, the IFRS Interpretations Committee (IFRS IC) published an addendum to the IFRIC Update November 2023.

It contains the following agenda decision, which was previously still outstanding for submission to the IASB and has now been finalised:

Final agenda decision

• Merger between a Parent and Its Subsidiary in Separate Financial Statements (IAS 27 Separate Financial Statements)

The IASB discussed the agenda decision at its meeting in January 2024 and raised no objections. We reported on the preliminary agenda decisions from November 2023 in Express Accounting News 42/2023.

The complete IFRIC Update Newsletter is available on the IASB website at this link.