FASB and OIC hold joint meeting

  • FASB (US Financial Accounting Standards Board) (lt blue) Image
  • OIC (Italy Organismo Italiano di Contabilità) (lt blue) Image

31 May 2017

On 30 May 2017, representatives of the US Financial Accounting Standards Board (FASB) and the Italian standard-setter Organismo Italiano di Contabilità (OIC) held a joint meeting in Rome. The meeting was the second bilateral meeting between the two standard-setters.

The FASB and the OIC had an exchange of views on implementation activity regarding the standards on revenue and leases, on future projects and on the IASB’s projects including insurance contracts and the proposed amendments regarding accounting policies and accounting estimates.

For more information about the meeting, see the press release on the FASB website.

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