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Summary of the June 2017 joint CMAC-GPF meeting

  • CMAC meeting (mid blue) Image
  • GPF meeting (mid blue) Image

23 Aug 2017

Representatives from the International Accounting Standards Board (IASB) met with both the Capital Markets Advisory Council (CMAC) and Global Preparers Forum (GPF) in London on 15 and 16 June 2017. Notes from the joint meeting have now been released.

The topics discussed at the meeting included:

  1. IASB update;
  2. Discussion Paper Principles of Disclosure;
  3. Primary financial statements and comparability and flexibility in performance reporting;
  4. Post-implementation review of IFRS 13 Fair Value Measurement;
  5. Impairment testing of goodwill;
  6. Preparers’ views on the proposals in the Exposure Draft Improvements to IFRS 8 'Operating Segments'.

Items (2) to (5) were also discussed in small break-out groups.

The next GPF meeting will be held on 4 October 2017; the next CMAC meeting will take place on 20 October 2017.

For more information, see the meeting page and the meeting summary on the IASB's website.

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