Notes from the October IASB meeting
23 Oct, 2011
The IASB's regular monthly meeting was held on 19-20 October 2011 in Norwalk, CT, USA, part of it a joint meeting with the FASB.
We have posted additional Deloitte observer notes from the meeting (click through for direct access to the notes):
Wednesday, 19 October 2011 (other sessions)
- Leases (IASB-FASB)
- Receivable and residual approach
- Variable lease payments and the measurement of the residual asset
- Presentation statement of comprehensive income
- Fair value requirement for lease receivables held for sale
- Lessee transition
- Lessor transition
Thursday, 20 October 2011
- Financial Instruments – Impairment (IASB-FASB)
- Relative credit risk approach
- Transferring out of Bucket 1
- Disclosures
- Next steps
- Insurance Contracts (IASB-FASB)
- Scope – Fixed fee service contracts
- Presentation – Statement of financial position (SoFP)
- Eligibility criteria for the Premium Allocation Approach (PAA)
Click here to go to the preliminary and unofficial Notes Taken by Deloitte Observers for the entire meeting.