Report on the June 2016 IFRS Advisory Council meeting

  • IFRS - IASB Image
  • IFRS - Meeting Image

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.

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.