IASB issues response to G20 conclusions

  • IASB (International Accounting Standards Board) (blue) Image

09 Nov 2011

The IASB has released an updated response to the conclusions reached at the G20 Leaders Summit held in Cannes, France on 3-4 November 2011.

In the response document, the IASB details its progress in the following areas:

  • Completed its review of off balance sheet financing
  • Completed its reform of fair value measurement requirements
  • Completed the first phase of the reform of financial instruments accounting
  • Completed the majority of projects described by its Memorandum of Understanding with the FASB
  • Significantly enhanced its outreach and stakeholder engagement activities

Click for Update of response to G20 conclusions (link to the IASB website).

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