This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice for more information on the cookies we use and how to delete or block them.
The full functionality of our site is not supported on your browser version, or you may have 'compatibility mode' selected. Please turn off compatibility mode, upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.

Agenda for June 2014 IFRS Advisory Council meeting

  • IFRS AC meeting (mid blue) Image

May 16, 2014

An agenda is available for the upcoming IFRS Advisory Council meeting to be held in London on June 9–10, 2014. In addition to updates on the activities of the Council, IFRS Foundation, IASB, and Effect Analysis Consultative Group, the meeting will focus on the role of judgment in financial reporting, consider preliminary feedback on the post-implementation review of IFRS 3 and the Conceptual Framework project, and discuss the proposed approach to implementation support groups. A number of other topics will also be discussed.

The agenda for the meeting is summarized below:

Monday, June 9, 2014 (9:15 a.m.5:30 p.m. London)

  • Welcome and chairman preview
  • Overview of the past four months
  • IASB activities
    • Work plan update
    • IFRS Taxonomy due process
    • Leases update
    • Accounting Standards Advisory Forum (ASAF) update
    • Other key issues
  • Conceptual Framework comment letters, outreach feedback and next steps
  • Trustee activities key issues
  • Use of judgment (including break out discussions and reporting back)
    • Role of judgment versus consistency
    • Principles involving judgment
    • Need for more guidance
    • Impediments to the use of judgment
  • Implementation support groups proposed impairment group


Tuesday, June 10, 2014 (10:45 a.m.3:30 p.m. London)

  • IFRS research activities
  • Report from Effects Analysis Consultative Group
  • Post-implementation review IFRS 3 Business Combinations preliminary feedback
  • Summary of discussions


Agenda papers for this meeting will be made available on the IASB's Web site in due course.

Related Topics

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.