Introductory conference call of the IASB's ITG
01 Dec 2014
The Transition Resource Group for Impairment of Financial Instruments (ITG) will hold an introductory conference call on 3 December 2014.
The ITG was created to keep the IASB informed on issues occurring during implementation of the new impairment requirements in IFRS 9 Financial Instruments, to assist in determining what action may be needed to resolve diversity in practice and to provide a public forum for stakeholders to learn about the new impairment requirements from others involved with implementation. The first face-to-face meeting of the group was planned for the last quarter in 2014. However, the agenda papers for the conference call state: "We have yet to receive many substantive technical implementation issues on the impairment requirements of IFRS 9 that meet the submission criteria." Therefore, the first physical meeting will be replaced by a conference call to discuss operating procedures and the status of implementation. Please click for access to a detailed agenda and the agenda papers for the call on the IASB website.