Agenda for IASB meeting changed
14 Nov 2016
The IASB has changed the agenda for its meeting this week. The insurance contracts and Conceptual Framework sessions have been swapped. The Conceptual Framework will now be discussed on Tuesday morning, insurance contracts on Wednesday afternoon.
The Conceptual Framework session will focus on:
- Summary of tentative decisions
- Liability definition and supporting concepts
- Testing the proposed asset and liability definitions — illustrative examples
- Effects of the proposed changes to the Conceptual Framework on preparers
The insurance contracts session will discuss:
- Methodology - external testing of draft IFRS 17
- Results - external testing of draft IFRS 17
- Level of aggregation
- Experience adjustments
- Transition issues
- Mitigating financial risks reflected in insurance contracts
- Other sweep issues
- Mandatory effective date of IFRS 17
Please click for the updated agenda.
