IASB Update - September 22-24, 2014
Start date:
End date:
Location: London
On September 26, 2014, IASB Update for September 2014 was issued, being a staff summary of the IASB’s meeting on September 22-24, 2014 at the IASB offices in London, UK. The FASB joined the IASB for some of the sessions via video from its offices in Norwalk.
The topics for discussion were:
- Disclosure Initiative;
- Research Projects;
- Insurance Contracts;
- Conceptual Framework;
- IFRIC Update;
- IAS 21 The Effects of Changes in Foreign Exchange Rates—Foreign exchange restrictions and hyperinflation;
- IAS 1 Presentation of Financial Statements—Classification of liabilities;
- Distinction between a change in accounting policy and a change in accounting estimate;
- Classification of a hybrid financial instrument by the holder; and
- Post-implementation Review: IFRS 3 Business Combinations.
Review the IASB Update.