The International Accounting Standards Board (IASB) is meeting at its offices in London on 12 December 2013. The IASB will receive an update from the Interpretations Committee and will consider the post-implementation review of IFRS 3, amendments to IAS 28, IAS 16/IAS 38 and IAS 19), possible amendments to IFRS 1 (short-term exemptions) and financial instruments impairment, the due process followed as well as impairment and classification and measurement.