IBOR Reform and the Effects on Financial Reporting – International Accounting Standards Board
At its meeting on July 22-25, 2019, the Board met to discuss the staff’s analysis of feedback on the Exposure Draft. The Board was not asked to make any decisions. At future Board meetings, the Board will redeliberate some matters raised by respondents on the Exposure Draft as well as start the deliberations on the next phase of the IBOR Reform project. At its joint meeting with the FASB on July 23, 2019, the Board also received an update on the FASB project on Reference Rate Reform.
Review the IASB Update and podcast on the Board's Web site.