On 28 May the IASB issued an exposure draft setting out proposals for a revised conceptual framework for financial reporting to deal issues such as the definitions of ‘asset’ and ‘liability’, the rationale for different bases of measurement, and amongst others the thinking behind what should go through the income statement or OCI.
For more information: IASB proposals to improve the Conceptual Framework for Financial Reporting
IASB Conceptual Framework Exposure Draft and Comment letters