IASB November 2007
13 November 2007
The Board decided to change the effective date of the revised IFRS 3 Business Combinations and amended IAS 27 Consolidated and Separate Financial Statements to 1 July 2009, with early adoption permitted.
IASB June 2007
19 June 2007
The Board discussed four issues that were identified in drafting the revised IFRS 3 Business Combinations and amendments to IAS 27 Consolidated and Separate Financial Statements.
IASB April 2007
24 July 2008
At its meeting in March 2007 the Board tentatively decided to require an acquirer to measure non-controlling interests (NCI) at fair value unless to do so would impose undue cost or effort on the acquirer.
IASB March 2007
21 March 2007
The Board tentatively affirmed that measurement period adjustments (ie adjustments to provisional amounts recognised at the acquisition date) should reflect only new information obtained about facts and circumstances that existed as of the acquisition date and, if known, would have affected the measurement of the amounts recognised as of that date. Changes in market conditions after the acquisition date should not be accounted for as measurement period adjustments.
IASB January 2007
23 January 2007
The Board continued its redeliberations on the measurement of non-controlling interests (NCI) and goodwill. The Board also discussed the accounting in a business combination.
IASB December 2006
14 December 2006
The Board continued its deliberations on the measurement of non-controlling interests (NCI) and goodwill in a business combination.
IASB and FASB October 2006
24 October 2006
The FASB published SFAS 157 Fair Value Measurements in September 2006. The IASB plans to issue a discussion paper about fair value measurements by the end of this year.
IASB October 2006
17 October 2006
The Board made tentative decisions about:
the accounting for the following types of intangible assets acquired as part of a business combination:
assembled workforce,
reacquired rights and pre-existing relationships, and
in-process research and development; and
(b) whether an acquirer should recognise measurement period adjustments retrospectively or prospectively.
The Board also discussed the measurement attribute for business combinations and the measurement of non-controlling interest
IASB September 2006
22 September 2006
The Board discussed the recognition and measurement of intangible assets acquired in a business combination.