The recording is available here.

The International Accounting Standards Board (IASB) in conjunction with the European Accounting Association (EAA) and EFRAG will hold a virtual research workshop on 30 April 2024 at 12.00-14.00 (CET). The purpose of the workshop is to obtain feedback from academics on some of the proposals in the IASB’s Exposure Draft Business Combinations—Disclosures, Goodwill and Impairment and to discuss relevant academic evidence.

The IASB’s Exposure Draft, published on 14 March 2024, contains a package of proposals aimed to improve the information companies provide about their acquisitions at a reasonable cost. The Exposure Draft is open for comment until 15 July 2024. Its focus is on (1) a package of disclosure requirements about business combinations, and (2) changes to the impairment test of cash-generating units containing goodwill in IAS 36 Impairment of Assets.

We welcome academic input specifically on:

• the effects of pre- and post- acquisition disclosures about business combinations provided voluntarily by companies or pursuant to regulatory environments around the world, including for example the United States;
• incentives and consequences of disclosures–for example, exemptions from requirements to disclose information that might be commercially sensitive; and
• factors affecting pre- and post-acquisition disclosures, such as the nature or size of the business combination, and impact of the reporting environment on disclosures.

The session will be moderated by Ann Jorissen (Chair of EAA Financial Reporting Standards Committee – University of Antwerp). It will include short presentations by IASB and EFRAG staff and academic reflections by Martin Glaum (WHU – Otto Beisheim School of Management), Ioannis Tsalavoutas (University of Glasgow) and Niclas Hellman (Stockholm School of Economics) followed by questions and comments from the audience to be addressed by the presenters.

IASB representatives are expected to include IASB member Ann Tarca, IASB technical staff Jawaid Dossani, Dehao Fang and Vikash Kalidas. EFRAG representatives are expected to include EFRAG FR TEG Chair Sébastien Harushimana and EFRAG staff Galina Borisova and Ioanna Michailidi.