IASB-EFRAG joint meeting
20 Dec, 2012
Following the regular IASB meeting in December 2012, the International Accounting Standards Board (IASB) and a European Financial Reporting Advisory Group (EFRAG) delegation met on 18 December 2012 to discuss a number of topics.
The topics discussed were:
- Progress of the IASB and the FASB towards completion of the three remaining convergence projects (Revenue recognition, Leases and Financial instruments) and the joint project on Insurance contracts
- Discount rate in the measurement of pension liabilities
- IFRS 11 and separate financial statement
- Post-implementation review of IFRS 8 Operating Segments
- An OIC-EFRAG survey on the subsequent measurement of goodwill that can contribute to the definition of the scope of the IFRS 3 post-implementation review
- Revision of the Conceptual framework
Please click for:
- Press release on the IASB's website
- High level summary of the meeting’s discussions on the EFRAG website