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IASB issues response to G20 conclusions

Nov 09, 2011

The IASB has released an updated response to the conclusions reached at the G20 Leaders Summit held in Cannes, France on 3-4 November 2011.

In the response document, the IASB details its progress in the following areas:

  • Completed its review of off balance sheet financing
  • Completed its reform of fair value measurement requirements
  • Completed the first phase of the reform of financial instruments accounting
  • Completed the majority of projects described by its Memorandum of Understanding with the FASB
  • Significantly enhanced its outreach and stakeholder engagement activities

Click for Update of response to G20 conclusions (link to the IASB website).