Report on the June 2016 IFRS Advisory Council meeting
Jul 06, 2016
On July 6, 2016, the International Accounting Standards Board (IASB) released a summary of the IFRS Advisory Council meeting held on June 13–14, 2016. Highlights of the meeting will be thorough discussions of the review of structure and effectiveness of the IFRS Foundation and of the future of corporate reporting.
The following topics were discussed:
- 2015 Agenda Consultation
- IASB and IFRS Foundation Update
- IFRS Foundation Review of Structure and Effectiveness
- Members' communications
- Technological Disruption of Financial Reporting
- Timeline for developing Standards—The Leases Project—A look back
The full report on the council’s February meeting is available on the IASB's Web site.