Accounting Firms & Institutes Advisory Group (AFIAG) Summary Minutes

The summary minutes of the UKEB’s latest AFIAG meeting, held on 2 November 2023, are now available to view. The group discussed the Annual Improvements to IFRS Accounting Standards cycle, the forthcoming standard IFRS 18 Presentation and Disclosure in Financial Statements which will replace IAS 1 Presentation of Financial Statements and Financial Instruments with Characteristics of Equity (FICE).