Interest Rate Benchmark Reform – Phase II – International Accounting Standards Board
At its meeting on September 25, 2019, the IASB met for preliminary discussions about the project’s second phase. In particular, the Board discussed its preliminary scope and considered a timetable for future Board discussions. The Board was not asked to make any decisions. At its October 2019 meeting, the Board will discuss potential accounting issues related to the classification and measurement of financial instruments.
Review the IASB Update and podcast on the Board's Web site.