The IASB and the US-based Financial Accounting Standards Board (FASB) have today published for public comment proposals for accounting for impairment of financial assets such as loans managed in an open portfolio.
IFRS Standards News [en]
IASB and FASB propose to align balance sheet netting requirements
The IASB and the US-based Financial Accounting Standards Board (FASB) have published a proposal to establish a common approach to offsetting financial assets and financial liabilities on the statement of financial position (balance sheet).
Live webcasts on offsetting exposure draft
On Monday 31 January the IASB will be hosting two live webcasts on the financial asset and financial liability offsetting exposure draft. The sessions will take place at 10am (UK time) and 3pm (UK time).
IFRS Foundation publishes proposed IFRS Taxonomy 2011
The IFRS Foundation today published for public comment an exposure draft of the IFRS Taxonomy 2011. The proposed taxonomy is consistent with IFRSs (International Financial Reporting Standards), including IASs (International Accounting Standards) and th…
Live webcasts on proposed IFRS Taxonomy 2011
On Thursday 17 January staff of the IFRS Foundation will present two webcasts about the proposed IFRS Taxonomy 2011.
IASB and US FASB to publish joint proposed approach to accounting for credit losses
The IASB and the US Financial Accounting Standards Board (FASB) intend to publish later this month a proposed joint approach on credit impairment of loans and other financial assets managed in an open portfolio.