Additional notes from the May IASB meeting
May 23, 2012
The IASB is currently meeting in Norwalk, CT. Much of the meeting is a joint meeting with the FASB. We have posted Deloitte observer notes from the financial instrument impairment sessions held on Monday and Tuesday. The sessions covered the impairment of lease receivables, the discount rate that should be used when discounting expected losses in the general “three–bucket” impairment model, and how modifications on financial assets should be treated.
Click through for direct access to the notes:
Monday, 21 May 2012 (US time)
- Financial instruments — Impairment(IASB-FASB)
- Impairment of lease receivables
Tuesday, 22 May 2012 (US time)
- Financial instruments — Impairment(IASB only)
- Discount rate
- Modified financial assets
Meeting notes from the other sessions held on these two days will be posted soon.
You can also access the preliminary and unofficial notes taken by Deloitte observers for the entire meeting.