The International Accounting Standards Board (IASB) has released an updated agenda for the meeting of the Accounting Standards Advisory Forum (ASAF), which is to be held at the IASB's offices in London on 6-7 July 2017. Changes include moving the (1) improvements to IFRS 8 session to Friday, (2) post-implementation review of IFRS 13 to Thursday, and (3) altering the time of discussions for Friday’s sessions on wider corporate reporting, rate-regulated activities, and property, plant and equipment.
The updated agenda for the meeting is summarised below:
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Thursday, 6 July 2017 (9:15-17:30)
- Disclosure initiative — Principles of disclosure — Discussions related to the proposals in the discussion paper
- Goodwill and impairment — Discussions on the ASBJ’s research paper, ‘Too little, too late,’ as well as feedback from Global Preparers Forum
- IAS 8 — Accounting policy changes resulting from agenda decisions
- Post-implementation review of IFRS 13 — Gather preliminary feedback on the Request for Information
- Primary Financial Statements — Gather views on the certain tentative decisions
Friday, 7 July 2017 (9:00-13:45)
- Wider corporate reporting — Overview on wider corporate reporting and whether to consider an update to Practice Statement Management Commentary
- Improvements to IFRS 8 Operating Segments (Proposed amendments to IFRS 8 and IAS 34) — Discuss views from ASAF members and preparers on four proposed amendments to IFRS 8 and IAS 34
- Rate-regulated activities — Discussions on the proposed accounting model
- Property, plant and equipment: Proceeds before intended use (proposed amendments to IAS 16) — Discussions on the upcoming exposure draft
- Project updates and agenda planning
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Agenda papers for the meeting are available on the IASB's website.
