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17 November 2010

Summary of EFRAG meetings held in October - November 2010


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The November 2010 edition of the EFRAG update, summarising the discussions held at the recent EFRAG TEG meetings.


EFRAG published its decisions that were discussed on 19 and 29 October 2010 and on 8 – 10 November 2010.
 
On 19 and 29 October 2010, EFRAG held meetings by public conference call to discuss:
 
IASB Exposure Draft Revenue from Contracts with Customers
IASB Exposure Draft Severe Hyperinflation (Proposed amendments to IFRS 1)
IASB Exposure Draft Removal of Fixed Dates for First-time Adopters (Proposed amendments to IFRS 1)
IFRS Interpretations Committee tentative agenda decision IAS 36 Impairment of Assets — Calculation of value in use.
 
On 8-10 November 2010, EFRAG held its monthly meeting and discussed:
 
Joint EFRAG-IASB meeting
IASB project Annual Improvements 2009-2011
IASB project Joint Arrangements
IASB project Hedge Accounting
Follow up on issues raised during the finalisation of the EFRAG comment letter to the FASB on its proposals on accounting for financial instruments
IASB Request for Views on Effective Dates and Transition Methods
IASB Amendments to IFRS 7 Disclosures – Transfers of Financial Assets
IASB Staff Draft of forthcoming IFRS Consolidated Financial Statements
IASB project Investment Entities
EFRAG Proactive project Disclosure Framework
Educational session User Perspective on Financial Reporting
IASB Exposure Draft Deferred Tax: Recovery of Underlying Assets (Proposed amendments to IAS 12)
EFRAG Proactive project Business Combinations under Common Control
IASB project Conceptual Framework – Measurement
IASB Exposure Draft Insurance Contracts.

Full paper


© EFRAG - European Financial Reporting Advisory Group


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