The IFRS Foundation has published two documents summarising work by the International Accounting Standards Board (Board) on possible
improvements to IFRS 8 Operating Segments and on discount rates in IFRS standards:
- the IFRS 8 Project Summary provides an overview of feedback on the Board’s proposals in its Exposure Draft Improvements to IFRS 8 Operating Segments—Proposed amendments to IFRS 8 and IAS 34, published in March 2017. The summary also explains why the Board decided not to proceed with those proposals.
- the Discount Rates Project Summary provides an overview of research considered by the Board from 2014 to 2017 in its project on Discount Rates in IFRS Standards.
Project summaries are overviews of information already available to the public through Board papers. They do not provide any new material and do not form part of IFRS Standards.
By IASB – February 2019
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