This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice for more information on the cookies we use and how to delete or block them.
The full functionality of our site is not supported on your browser version, or you may have 'compatibility mode' selected. Please turn off compatibility mode, upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.

IASB meeting — 18–22 February 2013

Start date:

End date:

Location: London

IASB (International Accounting Standards Board)

The IASB met on 18–22 February 2013 at the IASB's offices.  Education sessions were held on insurance contracts, revenue recognition,  and leases. Substantive discussions were held on conceptual framework, fair value measurements, IFRIC update, annual improvements 2010-2012, novation of derivatives, leases, insurance contracts, revenue recognition, matters from IFRIC, bearer biological assets, micro entities guide, and rate-regulated activities. Joint sessions with the FASB were also held, discussing revenue recognition and leases.

Agenda for the meeting


IASB meeting (11:00–17:15)

  • Conceptual Framework
  • Unit of account for fair value measurements
  • IFRIC update
  • Annual improvements 2010-2012
    • IFRS 2 — Definition of 'vesting conditions'
    • IFRS 8 — Aggregation of operating segments
    • IFRS 8 — Reconciliation of the total of the reportable segments' assets to the entity's assets
    • IFRS 13 — Short-term receivables and payables
  • Novation of derivatives - verbal update only
  • Leases

IASB education session (17:15–18:15)

  • Insurance contracts


IASB meeting (09:00–14:45)

  • Conceptual Framework
  • Insurance contracts

IASB education session (14:45–18:30)

  • Revenue recognition
  • Leases


IASB meeting (08:45–11:45)

  • Conceptual Framework

    IASB-FASB joint meeting (12:30–17:45)

    • Revenue recognition
    • Leases


    IASB meeting (09:00-18:00)

    • Conceptual Framework
    • Matters arising from IFRS Interpretations Committee
      • IAS 19 Employee Benefits — Discount rate
      • IAS 19 Employee Benefits — Narrow scope amendments

    Friday, 22 February 2013

    IASB meeting (09:00-12:30)

    • IAS 41 Agriculture — Bearer biological assets
    • Guide for micro entities in applying the IFRS for SMEs
    • Matters arising from the IFRS Interpretations Committee
      • Servicing assets and liabilities — Scope of IFRS 7 disclosures
    • Rate-regulated activities


    Agenda papers from this meeting are available on the IASB's website.

    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.