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 February 2007 IASB meeting

  • 2007feb.gif Image

09 Feb 2007

The International Accounting Standards Board will hold its February 2007 Board meeting at its offices, 30 Cannon Street, London, on Tuesday through Thursday 20-22 February 2007.

Presented below is the agenda for the meeting.

20-22 February 2007, London

Tuesday 20 February 2007(afternoon only)

  • Conceptual Framework– Discussion of:
    • 1. A working definition of a potential element, tentatively called claims, and its implications if used to replace the liabilities and equity elements
    • 2. 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

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.