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March IASB Update published

  • IFRS - IASB Image
  • IFRS - Meeting Image

Mar 26, 2014

On March 26, 2014, the IASB Update for March 2014 was issued, being a staff summary of the IASB’s meeting on March 13-21, 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:

  • Insurance Contracts;
  • Leases
  • Conceptual Framework;
  • IAS 1 Presentation of Financial Statements;
  • Accounting for Acquisitions of Interests in Joint Operations (Amendments to IFRS 11);
  • Equity Method: Share of Other Net Asset Changes;
  • Narrow-scope amendments—IFRS 10 and IAS 28;
  • Sale or Contribution of Assets between an Investor and its Associate or Joint Venture (Amendments to IFRS 10 and IAS 28);
  • Equity Method in Separate Financial Statements;
  • Agriculture: Bearer plants; and
  • Disclosure Initiative

Review the IASB Update.

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.