Notes from day 1 of the March 2009 IASB meeting
17 Mar 2009
The IASB is holding its March 2009 meeting at its offices in London from Monday through Friday, 16 to 20 March 2009.
Click here to go to the preliminary and unofficial Notes Taken by Deloitte Observers at the Meeting. Among other things, the Board agreed to:
- Amend IFRIC 9 Reassessment of Embedded Derivatives to exclude contracts with embedded derivatives acquired in a combination of entities or businesses under common control or the formation of a joint venture.
- Amend IFRIC 16 Hedges of a Net Investment in a Foreign Operation to allow entities to designate as a hedging instrument in a hedge of a net investment in a foreign operation an instrument that is held by the foreign operation that is being hedged.
