June

IFRS Foundation (blue) Image

Roundtables on Trustee strategy review – Registration for webcasts now open

01 Jun, 2011

As reported earlier, The Trustees of the IFRS Foundation, the oversight body of the International Accounting Standards Board (IASB), published a report on the strategy of the IFRS Foundation as it enters its second decade.

The Trustees welcome comments by 25 July 2011 and will hold strategy review roundtables. Registration for these sessions is now available on the IASB website:

Click for IASB report (link to IASB website, PDF 309k)

 

IASB May 2011 Image

Notes from Day 1 of the special IASB-FASB meeting

01 Jun, 2011

The IASB is holding a special meeting in London on 31 May - 2 June 2011, much of which is a joint meeting with the FASB.

We've posted Deloitte observer notes from the first day of the meeting (click through for direct access to the notes):

Tuesday, 31 May 2011 (IASB/FASB)

  • Insurance contracts — Reinsurance
    • Definition of significant risk transfer
    • Interdependent contracts
    • Recognition of reinsurance contract
    • Ceded risk adjustment
    • Treatment of gains and losses
    • Cession of residual / composite margin on underlying insurance contracts
  • Revenue recognition
    • Costs of products manufactured for delivery under long-term production programs

Click here to go to the preliminary and unofficial Notes Taken by Deloitte Observers for the entire meeting.

IASB (International Accounting Standards Board) (blue) Image

New issue of the IASB's Investor Perspectives

01 Jun, 2011

In April 2010, the Trustees of the IFRS Foundation and the IASB launched a programme to enhance investors' participation in the development of International Financial Reporting Standards (IFRSs).

One of the enhancements is a newsletter for investors entitled Investor Perspectives. A new edition is now available:

All Investor Perspectives are archived on the IASB's website.

Click for:

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