Notes from Day 3 of December IASB meeting
15 Dec 2010
The IASB is meeting in London on 13-17 December 2010 for its regular December meeting, some of which is a joint meeting with the FASB.
We've posted Deloitte observer notes from the topics discussed on day three of the meeting. We have also posted the notes of the revenue recognition project discussion from Day 2 of the meeting. The topics discussed were as follows (click through for direct access to the notes for that particular topic):
Tuesday, 14 December 2010
- Revenue recognition
- Initial comment letter analysis
Wednesday, 15 December 2010
- Consolidation (IASB only)
- Feedback received through FASB roundtables
- Effective date for IFRSs on consolidation, joint arrangements and disclosure of involvement with other entities
- Insurance contracts
- Issues identified in the outreach activities
- Financial instruments — Hedge accounting
- Education session
Click here to go to the preliminary and unofficial Notes Taken by Deloitte Observers for the entire meeting.