June 2024: IFRIC Update

Karsten Ganssauge, an expert in IFRS Interpretations, joins Laura Kennedy to discuss the highlights from the June 2024 IFRS Interpretations Committee meeting. They dive into the complexities of reportable segments and cash flow statements under IAS 7. The conversation covers the challenges of disaggregating material items and the ongoing debates about classification in cash flows from derivatives. Additionally, they explore significant ISB projects related to intangible assets and business combinations, emphasizing the need for clearer disclosure standards.