The IASB intends to finalise its projects on revenue recognition,
leases, insurance contracts and financial instruments in June 2011.
The European National Standard Setters and EFRAG are organising outreach events
throughout Europe in May 2011, i…
Standard setting in New Zealand is currently undergoing transformation to a new regime. The New Zealand Accounting Standards Review Board (ASRB) and Financial Reporting Standards Board (FRSB) are being replaced with effect from 1 July 2011.
Hans Hoogervorst, incoming Chairman of the IASB, has responded to a warning from Mike Starr, SEC Deputy Chief Accountant, that the SEC would continue to refuse to allow company filings under IFRS to use XBRL.
The UK House of Lords committee examining audit concentration and the role of audit has issued its report.
We remind you that comments on the Supplement to Exposure Draft: Financial Instruments: Impairment and Consultative Report on the Review of the IFRS Foundation’s Governance are due on 1 April 2011 and 8 April 2011, respectively.