IAS Plus

January 2020 IASB meeting agenda posted

20 Jan 2020

The IASB has posted the agenda for its next meeting, which will be held at its offices in London on 28–30 January 2020. There are eleven topics on the agenda.

FRC Lab report shows need for improved workforce reporting

20 Jan 2020

A new report from the Financial Reporting Lab of the UK Financial Reporting Council (FRC) reveals that reporting on workforce-related issues needs to improve to meet investor needs.

IFRS Foundation appoints new IASB Board member

20 Jan 2020

The Trustees of the IFRS Foundation have announced the appointment of Bruce Mackenzie as IASB Board member.

Global accountancy bodies call for improved SDG disclosures

20 Jan 2020

The International Federation of Accountants (IFAC), the Association of Chartered Certified Accountants (ACCA), the Institute of Chartered Accountants of Scotland (ICAS), the Chartered Accountants Australia and New Zealand (CA ANZ), the International Integrated Reporting Council (IIRC) and the World Benchmarking Alliance have jointly published a report calling for improved UN Sustainable Development Goals (SDG) disclosures.

CMAC seeks members

17 Jan 2020

The Capital Markets Advisory Committee (CMAC) is seeking new members and welcomes applications from analysts and investors from all over the world.

European Union formally adopts IBOR amendments

16 Jan 2020

The European Union has published a Commission Regulation endorsing 'Interest Rate Benchmark Reform (Amendments to IFRS 9, IAS 39 and IFRS 7)'.

GPF seeks members

15 Jan 2020

The Global Preparers Forum (GPF) is seeking new members with an emphasis for candidates from Africa, Asia-Oceania, and European regions with a background in technology and/or retail.

AcSB and ASBJ hold joint meeting

14 Jan 2020

On 13 January 2020, the Canadian Accounting Standards Board (AcSB) and the Accounting Standards Board of Japan (ASBJ) held a joint meeting in Toronto. The meeting was the first bilateral meeting between the two standard-setters.

Summary of the December 2019 MCCG meeting

13 Jan 2020

The IASB has published a summary of the Management Commentary Consultative Group (MCCG) meeting held on 13 December 2019.

ICAS report on fair value measurement of financial instruments

13 Jan 2020

The Institute of Chartered Accountants of Scotland (ICAS) has released a report examining the preparation and evaluation of fair value measurements for financial instruments reported in the financial statements.

EFRAG endorsement status report 17 January 2020

published 17 Jan 2020

The endorsement status report has been updated to reflect that the European Union has formally adopted 'Interest Rate Benchmark Reform (Amendments to IFRS 9, IAS 39 and IFRS 7)' published by the IASB in September 2019.

IPSAS in your pocket — 2020 edition

published 16 Jan 2020

This guide summarises the provisions of all International Public Sector Accounting Standards (IPSAS), recommended practice guidelines and the conceptual framework, outstanding at 1 January 2020.

IFRS in Focus — IASB proposes new Standard titled 'General Presentation and Disclosures'

published 15 Jan 2020

This IFRS in Focus newsletter explains the recently published exposure draft of a new standard 'General Presentation and Disclosures' that is intended to replace IAS 1 'Presentation of Financial Statements'.

IFRS on Point — December 2019

published 09 Jan 2020

'IFRS on Point' highlights critical financial reporting developments. It provides a great way to catch up on the main IFRS-related news stories of the previous month.

EFRAG endorsement status report 7 January 2020

published 08 Jan 2020

The endorsement status report has been updated to provide additional guidance on when endorsement of the two amendments to IFRSs that became effective on 1 January 2020 but have not been endorsed for use in the European Union yet might be expected.

Heads Up — Reminders about ASC 842 disclosure requirements and a look at related SEC feedback in year 1

published 07 Jan 2020

Calendar-year-end public business entities adopted the FASB’s new leasing standard (ASC 842) on January 1, 2019. This Heads Up outlines the ASC 842 disclosure requirements, elaborates on some of those requirements, and provides examples of related SEC comments issued to registrants in 2019.

Heads Up — Keep it simple: FASB issues ASU on income taxes

published 19 Dec 2019

This Heads Up summarizes the FASB’s recently issued Accounting Standards Update (ASU) No. 2019-12, "Simplifying the Accounting for Income Taxes." The ASU enhances and simplifies various aspects of the income tax accounting guidance in ASC 740.

A Closer Look — Financial instruments disclosures when applying the amendments to IFRS 9 and IAS 39 on Interest Rate Benchmark Reform

published 19 Dec 2019

This publication provides illustrative examples related to the new disclosure requirements introduced by amendments to IFRS 7; these new disclosures are required for an entity that applies the amendments to IFRS 9 and IAS 39, 'Interest Rate Benchmark Reform'.

Quarterly Accounting Roundup: Year in review — 2019

published 17 Dec 2019

This edition of Quarterly Accounting Roundup summarizes key financial reporting developments that occurred in 2019.

Heads Up — Highlights of the 2019 AICPA Conference on Current SEC and PCAOB Developments

published 16 Dec 2019

This Heads Up extracts key insights from this year’s three-day AICPA Conference on Current SEC and PCAOB Developments. The conference featured speeches and panel discussions by members of the SEC, PCAOB, FASB, and other professional groups on current accounting, reporting, and auditing practice issues.

IASB Meeting — 28-30 January 2020

Start: 28 Jan 2020 - End: 30 Jan 2020

The IASB will meet on 28–30 January 2020 to discuss eleven topics.

IFRS Interpretations Committee meeting — 21 January 2020

Start: 21 Jan 2020 - End: 21 Jan 2020

The IFRS Interpretations Committee will hold a video meeting on Tuesday 21 January 2020 to finalise one agenda decision.

IASB Meeting — 11–12 December 2019

Start: 11 Dec 2019 - End: 12 Dec 2019

The IASB met on 11–12 December 2019 to discuss 9 topics.

IFRS Interpretations Committee meeting — 26 November 2019

Start: 26 Nov 2019 - End: 26 Nov 2019

The IFRS Interpretations Committee met on Tuesday 26 November 2019 to discuss six issues, including three new interpretation requests.

IASB Meeting — 19–20 November 2019

Start: 19 Nov 2019 - End: 20 Nov 2019

The IASB met on 19–20 November 2019 to discuss 7 projects.

IASB Meeting — 22–23 October 2019

Start: 22 Oct 2019 - End: 23 Oct 2019

The IASB met on 22–23 October 2019 to discuss 10 topics.

IASB Meeting — 24–26 September 2019

Start: 24 Sep 2019 - End: 26 Sep 2019

The IASB met at its offices in London on 24–26 September 2019 to discuss 15 topics.

IFRS Interpretations Committee meeting — 17 September 2019

Start: 17 Sep 2019 - End: 17 Sep 2019

The IFRS Interpretations Committee met on Tuesday 17 September 2019 to discuss nine issues, including three new interpretation requests.

IASB Meeting — 28 August 2019

Start: 28 Aug 2019 - End: 28 Aug 2019

The International Accounting Standards Board (IASB) met at its offices in London on 28 August 2019 to discuss feedback received on ED/2019/1 'Interest Rate Benchmark Reform (Proposed amendments to IFRS 9 and IAS 39)'.

IASB Meeting — 22–25 July 2019

Start: 22 Jul 2019 - End: 25 Jul 2019

On 23 June the IASB and the US FASB held a joint education meeting. The IASB met on 22 July and 24–25 July.