Capital Markets Advisory Committee—October meeting agenda papers available

The next Capital Markets Advisory Committee (CMAC) meeting will be held on Thursday 10 October 2019.  This is a public meeting and will take place at the IFRS Foundation office in London. The agenda and papers are available from the CMAC October 2019 meeting page. Topics this month...

September 2019 IASB Update published

The September 2019 IASB Update has been published. The topics discussed at the September meeting were:  Agenda Consultation Research Programme Implementation Matters—Onerous Contracts Classification of Liabilities as Current or Non-current (Amendments to IAS 1) Business...

IASB amends IFRS Standards in response to the IBOR reform

The International Accounting Standards Board (Board) has today amended some of its requirements for hedge accounting. The amendments are designed to support the provision of useful financial information by companies during the period of uncertainty arising from the phasing out of interest-rate...

September 2019 IFRIC Update published

The September 2019 IFRS Interpretations Committee Update (IFRIC Update) is now available.

Better information about business combinations—Goodwill and Impairment

The International Accounting Standards Board (Board) is carrying out a research project on goodwill and impairment following its Post-implementation Review of IFRS 3 Business Combinations.  The Board is investigating how companies can provide users of financial statements with better...

IFRS Advisory Council agenda and agenda papers available

The agenda papers and the agenda for the Due Process Oversight Committee meeting to be held on 18–19 September 2019 are now available.  What will be discussed:  2020 Agenda Consultation—Proposed Approach Consistent Adoption and Application of IFRS Standards Digital Experience for...

September 2019 IFRIC meeting papers and agenda available

The agenda papers and the agenda for the IFRS Interpretations Committee meeting to be held on 17 September 2019 are available. The topics for discussion are:  Training Costs to Fulfil a Contract (IFRS 15 Revenue from Contracts with Customers) Definition of a Lease—Shipping Contract (IFRS 16...

Investor Perspectives: Proposed amendments to IFRS 17—making it easier for insurers to explain their results

In June 2019, the International Accounting Standards Board (Board) issued an exposure draft that proposes targeted amendments to IFRS 17 to respond to concerns and challenges raised by stakeholders as IFRS 17 is being implemented. In our latest article, Board member Nick Anderson offers insight into...