The IASB held its regular monthly meeting in London on 17-19 May 2011, much of which was a joint meeting with the FASB. We’ve posted further Deloitte observer notes from a number of sessions of the meeting, discussing insurance contracts, revenue recog…
The IASB has announced that there will be no public Board sessions on Friday 20 May. The session
on Asset and Liability Offsetting has been cancelled.
The IASB will provide updates on the statuses of both the impairment and the hedge accounting projects in a live webcast
on 24 May 2011.
Deloitte’s IFRS Global Office has published an ‘IFRS in Focus’ Newsletter – ‘IASB issues new standard on joint arrangements’
describing the new standard published last week.
The European Financial Reporting Advisory Group (EFRAG) has released the May 2011 issue of its ‘EFRAG Update’ newsletter
offering a summary of recent EFRAG decisions and discussions.