The Monitoring Board has today released a document ‘Consultative Report on the Review of the IFRS Foundation’s Governance’ for public comment.
IFRS
Live webcast on Impairment Supplementary Document
On Friday 4 February 2011 the IASB will be hosting two live webcasts on the supplementary document Financial Instruments: Impairment.
IASB and FASB propose common solution for impairment accounting
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.
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…