Further notes from the main March IASB meeting

  • IASB Mar 2011 Image

16 Mar 2011

The IASB is holding its regular meeting in London on 14-18 March 2011, some of which is a joint meeting with the FASB.

We've posted additional Deloitte observer notes from the insurance contracts sessions from the earlier days of the meeting and the notes from day 3 of the meeting (click through for direct access to the notes):

Monday, 14 March 2011 (other sessions)

  • Insurance Contracts (held over two sessions)
    • Alternative presentation models (education session)
    • Practical expedient for the discount rate

Tuesday, 15 March 2011 (other sessions)

  • Insurance contracts
    • Practical measurement of risk adjustment liabilities (education session)
    • A discount rate for participating contracts — the "Asset Liability Rate" (ALR) (education session)
    • Discount rate for participating contracts
    • Definition of an insurance contract

Wednesday, 16 March 2011

Agenda changes. A number of changes have also been made to the agenda for the meeting. The session on revenue recognition session originally planned for Wednesday 16 March 2011 was cancelled. The IASB-only sessions on the impairment of financial instruments and the effective date for the forthcoming standards on post-employment benefits and other comprehensive income have been rescheduled to Thursday 17 March 2011.

Our earlier story about the outcomes from this meeting (where leases and fair value measurement was discussed) is available Here. Click here to go to the preliminary and unofficial Notes Taken by Deloitte Observers for the entire meeting.

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