On 11 May 2011, we hosted a Deloitte Dbriefs webcast on global financial reporting, entitled ‘IFRS Public Policy Update: What Does the Future Hold?’. A ‘Q&A Report’ has been published containing a summary of audience questions submitted during the live webcast and our suggested responses. Topics covered include the impact of IFRSs in developing countries, the US SEC’s decision on adopting IFRSs, and the likelihood of re-exposure of the proposals in the IASB’s major projects.