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IASB meeting — 21–24 May 2013

Start date:

End date:

Location: London

IASB (International Accounting Standards Board)

The IASB met at its offices on 21-24 May 2013. Topics discussed by the IASB included revenue recognition, macro hedging, the comprehensive review of the IFRS for SMEs, the conceptual framework, and progress in numerous narrow scope projects. The meeting included a joint meeting with the FASB to discuss revenue recognition and the IASB's feedback on its proposals for limited scope amendments to IFRS 9 (classification and measurement).

Agenda for the meeting

TUESDAY, 21 MAY 2013

IASB meeting (14:00-17:45)

  • Fair value measurement
  • Comprehensive review of the IFRS for SMEs

Wednesday, 22 May 2013

IASB meeting (13:00-17:40)

  • IFRS 3 Business Combinations — Mandatory purchases of non-controlling interests (NCI)
  • IAS 39 Financial Instruments: Recognition and Measurement — Novation EM IR
  • IAS 34 Interim Financial Reporting — Disclosure of information “elsewhere in the interim financial report”
  • IFRS 3 Business Combinations — Contingent consideration
  • IAS 41 Agriculture and IFRS 13 Fair Value Measurement — Valuation of biological assets
  • IAS 27 Separate Financial Statements — Use of equity method in separate financial statements
  • Conceptual framework


IASB meeting (13:00-14:30)

  • Accounting for macro hedging

IASB education session (14:30-15:15)

  • Revenue recognition

IASB meeting (15:30-16:30)

  • Revenue recognition

Friday, 24 May 2013

IASB-FASB joint meeting (12:30-14:45)

  • Revenue recognition
  • Financial instruments — Limited amendments to IFRS 9 (classification and measurement)
    • Feedback from comment letters and outreach activities


Agenda papers from this meeting are available on the IASB's website.

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