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  • IASB meeting (blue) Image
  • Pre-meeting summary for the additional IASB meeting on IBOR

    21 Aug 2019

    The IASB, which normally does not meet in August, will hold an additional meeting on 28 August to discuss feedback received on ED/2019/1 'Interest Rate Benchmark Reform (Proposed amendments to IFRS 9 and IAS 39)'. We have posted our pre-meeting summary of the two papers to be discussed where we point out the main issues to be discussed by the IASB and the staff recommendations.

  • IASB meeting (blue) Image
  • Additional IASB meeting on IBOR

    20 Aug 2019

    The IASB, which normally does not meet in August, will hold an additional meeting on 28 August to discuss feedback received on ED/2019/1 'Interest Rate Benchmark Reform (Proposed amendments to IFRS 9 and IAS 39)'. The agenda and the papers for the meeting are now available.

  • Deloitte document (mid gray) Image
  • We comment on two IASB exposure drafts

    20 Aug 2019

    We have responded to the IASB’s exposure drafts ED/2019/2 'Annual Improvements to IFRS Standards 2018–2020' and ED/2019/3 'Reference to the Conceptual Framework (Proposed amendments to IFRS 3)'.

  • IASB (International Accounting Standards Board) (blue) Image
  • Interviews with new IASB members

    08 Aug 2019

    The IASB has released two short interviews introducing Tadeu Cendon and Rika Suzuki. Mr Cendon and Ms Suzuki were appointed to the IASB board by the Trustees of the IFRS Foundation in March 2019 for terms which began on 1 July 2019.

  • ITCG (IFRS Taxonomy Consultative Group) (mid blue) Image
  • IASB seeks candidates for IFRS Taxonomy Consultative Group

    08 Aug 2019

    The IASB is seeking candidates for membership to its IFRS Taxonomy Consultative Group. The group provides an advisory and review forum for members to actively assist the IASB in the maintenance and development of the IFRS Taxonomy and related activities.

  • IVSC (International Valuation Standards Council) (lt green) Image
  • IVSC Financial Instruments Board consults on future agenda

    08 Aug 2019

    The International Valuation Standards Council (IVSC) has published a consultation document seeking feedback regarding the approach its newly established Financial Instruments Board should take, and the prioritisation of that work.

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  • Deloitte comment letter on the IASB's proposed amendments to IFRS 3 to update a reference to the Conceptual Framework

    published 20 Aug 2019

    We agree with the proposed amendments to IFRS 3 to replace a reference to an old version of the Conceptual Framework. We also agree with the proposed addition of an exception for the recognition principles in IFRS 3 with respect to liabilities and contingent liabilities in the scope of IAS 37 and of IFRIC 21 and of the clarification of the IFRS 3 requirements for contingent assets. However, we believe that an exception to the recognition principles in IFRS 3 is also required with respect to uncertain current tax positions within the scope of IFRIC 23.

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  • IFRS on Point — July 2019

    published 19 Aug 2019

    'IFRS on Point' highlights critical financial reporting developments. It provides a great way to catch up on the main IFRS-related news stories of the previous month.

  • A Roadmap to Initial Public Offerings (2019) Image
  • A Roadmap to Initial Public Offerings (2019)

    published 09 Aug 2019

    This Roadmap addresses financial reporting, accounting, and auditing considerations to help companies navigate challenges related to preparing an IPO registration statement and ultimately going public.

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  • Heads Up — SEC staff issues statement on LIBOR transition

    published 06 Aug 2019

    This Heads Up discusses the SEC staff’s recently issued statement on the expected discontinuation of the use of the London Interbank Offered Rate (LIBOR) as a benchmark or reference rate in contracts such as derivatives and how the transition from LIBOR may significantly affect financial markets and market participants (including public companies, investment companies and advisers, and broker-dealers).

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  • A Roadmap to Accounting for Contracts on an Entity’s Own Equity (2019)

    published 06 Aug 2019

    The 2019 edition of A Roadmap to Accounting for Contracts on an Entity’s Own Equity provides an overview of the guidance in ASC 815-40 as well as insights into and interpretations of how to apply it in practice. For ease of reference, we have accompanied our discussion with the related authoritative text. The 2019 edition includes several new and revised examples as well as some modifications to previously expressed views to reflect our latest thinking and input from standard setters and regulators. Appendix F highlights all new content as well as any substantive revisions to previous content.

  • IFRS in Focus — IASB proposes amendments with regard to the disclosure of accounting policies Image
  • IFRS in Focus — IASB proposes amendments with regard to the disclosure of accounting policies

    published 05 Aug 2019

    This IFRS in Focus addresses the proposed amendments to IAS 1 'Presentation of Financial Statements' and IFRS Practice Statement 2 'Making Materiality Judgements' set out in Exposure Draft ED/2019/6 'Disclosure of Accounting Policies (Proposed amendments to IAS 1 and IFRS Practice Statement 2)' published by the International Accounting Standards Board in August 2019.

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