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.
The full functionality of our site is not supported on your browser version. Please upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.

Impairment — Education session (IASB only)

Date recorded:

The IASB held an education session to discuss:

  • Criteria for recognition of lifetime expected losses;
  • Methods and information to assess expected losses and transfer criteria; and
  • Disclosures applicable to entities applying the simplified approach for trade and lease receivables.

No decisions were taken at this session.

The IASB will discuss these topics at a decision making session on Wednesday 21 November. Observer notes for today’s education session will be incorporated into the meeting notes for the impairment session held on 21 November 2012.

Related Topics