Agenda for the December 2017 ASAF meeting

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20 Nov 2017

The International Accounting Standards Board (IASB) has released an agenda for the meeting of the Accounting Standards Advisory Forum (ASAF), which is to be held at the IASB's offices in London on 7 and 8 December 2017.

The agenda for the meeting is sum­marised below:

Thursday, 7 December 2017 (9:00-17:15)

  • Primary financial statements.
    • Introduction of an investing category into the statement of financial performance.
    • Defining finance income/expenses.
    • Improving the presentation of OCI.
  • Disclosure initiative — Definition of material (proposed amendments to IAS 1 and IAS 8).
  • Disclosure initiative — Principles of disclosure — Overview and next steps.
  • Post-implementation review of IFRS 13 Fair Value Measurement — Overview on feedback and next steps.
  • Wider corporate reporting — Update from IASB discussions.
  • Academic liaison — Strategy session.
  • Information deficiencies and consolidated financial statements — Impact of consolidation on information content.

Friday, 8 December 2017 (10:10-13:45)

  • Improvements to IFRS 8 Operating Segments (Proposed amendments to IFRS 8 and IAS 34) — Explore possible alternative approaches and next steps.
  • Business combinations under common control — Update on the project and discussions on the scope and the appropriate accounting method for transactions.
  • Project updates and agenda planning.

Agenda papers for the meeting are available on the IASB's website.

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