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After each meeting of the International Accounting Standards Board (IASB), we publish an Australian-specific meeting summary which includes details of all the matters discussed by the IASB, an indication of the likely timetable and outcome of each project and links to meeting papers and other resources. Those who subscribe to our Accounting alerts automatically receive notification of IASB meeting summaries and other global accounting developments, such as IFRIC meetings and global publications on IFRS-related matters. Register to be added to our distribution list. We also publish Deloitte observer notes of the IASB and IFRIC meetings as they occur on our IAS Plus website. 
| October 2008 IASB meeting
The IASB’s October 2008 meeting saw its response to the credit crisis becoming more urgent with the issue of amendments to IAS 39 to permit reclassifications of certain financial instruments and an exposure draft of proposed amendments to IFRS 7. Guidance on valuation of financial instruments traded in inactive markets is also expected shortly. Other highlights included a decision not to amend the definition of a ‘derivative’ and a change in the conceptual basis of consolidation to largely revert to the current practice of considering options in the assessment of control.
Click here to access our meeting summary. |
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