Further notes from the June IASB meeting
15 Jun, 2011
The IASB's regular monthly meeting was held on 13-15 June 2011 in London, much of it a joint meeting with the FASB.
We've posted Deloitte further observer notes from the meeting (click through for direct access to the notes):
Monday, 13 June 2011 (other sessions)
- Insurance Contracts (IASB-FASB)
- Whether to unlock the residual margin
- How to unlock the residual margin
- Allocation of the residual margin
- Acquisition costs revisited
Tuesday, 14 June 2011 (other sessions)
- Meeting with EFRAG (IASB)
- Revenue recognition
- Leases
- Insurance contracts
- Financial instruments
- New standards on consolidation, joint arrangements and disclosures
- Timeline for completion of major projects
Wednesday, 15 June 2011
- Leases (IASB-FASB)
- Subleases
- Short-term leases
- Financial Instruments – Impairment (IASB-FASB)
- Alternate approach developed by the working group
- Revenue Recognition (IASB-FASB)
- Re-exposure of proposals (also see our earlier story)
- Investment Entities: Sweep issues (IASB)
- Effective date and early application
- Comment period
- Annual Improvements (IASB)
- Comment period
- Agenda Consultation: Proposed timetable (IASB)
Notes from the additional session on insurance contracts held on Wednesday will be posted soon.
The next meeting of the IASB is scheduled for 18-22 July 2011. The tentative meeting originally scheduled for 1 July 2011 has been removed from the IASB's calendar.
Click here to go to the preliminary and unofficial Notes Taken by Deloitte Observers for the entire meeting.
