IASB Board Meeting 20-22 February 2007

Start date:

End date:

Location: London

IASB Meeting Agenda

Tuesday 20 February 2007 (afternoon only)

  • Conceptual Framework - Discussion of:
    • Elements - A working definition of a potential element, tentatively called claims, and its implications if used to replace the liabilities and equity elements
    • Objective and Qualitative Characteristics - A staff analysis of comments received on the July 2006 Discussion Paper on objective and qualitative characteristics


Wednesday 21 February 2007


Thursday 22 February 2007

  • IAS 41 Agriculture - Measurement: Whether to remove the prohibition on taking into account 'additional biological transformation' in estimating the fair value of biological assets using discounted cash flows (issue referred from IFRIC)
  • Annual Improvements Process
    • A perceived conflict in IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors regarding the status of Implementation Guidance
    • Whether IFRS 1 should be restructured to make it less complex and more clear
  • Post-employment benefits - Preliminary Views
    • Definition of defined contribution, defined benefit and asset-based benefit promises
    • Introduction to measurement options for cash balance and similar plans
    • Presentation options for defined benefit pension plans.
  • Business Combinations Phase 2 - Redeliberations of proposed revisions to IFRS 3 Business Combinations
  • Financial Statement Presentation

Related Topics

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