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Report on the October IFRS Advisory Council meeting

  • IFRS Advisory Council (mid blue) Image

Nov 07, 2013

A report on the IFRS Advisory Council meeting, which met in London on October 14–15, 2013, has been made available by the IASB.

The main topics discussed include:

In particular, the report highlighted that the Council emphasized the importance of a converged solution regarding impairment, deferred the decision on how to proceed with the leases project to its February 2014 meeting, stressed the need to be cautious with the implementation and maintenance activities of IFRS, and continued support for the effect analysis initiative.

The full report on the IFRS Advisory Council meeting is available on the IASB Web site.

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