International update: June 2020

In addition to considering Covid-19 related issues, the IASB Board has been continuing with its business as usual. This article covers the meetings in April and May 2020. In both months, the Board discussed its update of the Management Commentary Practice Statement and made good progress in agreeing objectives for disclosure in key areas; it also covered some maintenance issues including disclosure of accounting policies. Its discussion on a post-implementation review of the consolidation standards is covered below under news and analysis.