World Accounting Report
Should anything be done about discount rates?
The last standard-setting session of 2015 was fairly short
and involved the IASB asking itself whether there was a problem about the way
IFRS frame the use discount rates. It also came to the conclusion that its
proposed amendments to IFRS 15
Revenue
from Contracts with Customers
were broadly acceptable to constituents, and
started work on the review of disclosure requirements.