This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice for more information on the cookies we use and how to delete or block them.

IASB meeting — 31 May-2 June 2011, London

Start date:

End date:

Location: London

About meeting notes

Agenda for the meeting

Tuesday, 31 May 2011

IASB/FASB joint meeting (12:00—16:00)

  • Insurance contracts - Reinsurance
  • Revenue recognition

Wednesday, 1 June 2011

IASB meeting (9:30-12:00)

  • Financial instruments - Hedge accounting
  • Macro hedge accounting — education session

IASB/FASB joint meeting (12:30-16:15)

  • Asset and liability offsetting
  • Leases

Thursday, 2 June 2011

IASB meeting (14:30-16:30)

  • Financial instruments - Hedge accounting
  • Financial statement presentation - Other comprehensive income

Related Discussions

  • Insurance contracts

    May 31, 2011

    The FASB and IASB met for more than two and a half hours to discuss the topic of reinsurance which was originally scheduled to be discussed on 16 May 2011.

  • Revenue recognition

    May 31, 2011

    The IASB and FASB considered the impacts of the revenue project on how an entity should account for the costs of products manufactured for delivery under long-term production programs

  • Asset and liability offsetting

    Jun 01, 2011

    The IASB and FASB hosted an educational session where members of the International Swaps and Derivatives Association (ISDA), followed by a joint meeting where the Boards discussed the unit of account for offsetting and collateral arrangements.

  • Leases

    Jun 01, 2011

    The IASB and FASB deliberated on the following topics in relation to lessee accounting: (1) subsequent measurement and (2) residual value guarantees (RVGs).

  • Financial instruments – Hedge accounting

    Jun 02, 2011

    The IASB and FASB debated the following topics as part of their redeliberations on the hedge accounting exposure draft: (1) rebalancing the hedging relationship (2) discontinuing the hedging relationship (3) options as hedging instruments (4) net written options.