Global Standards for the world economy

Friday 21 October 2016

Banner graphic

IASB meeting summaries

 IASB and FASB October 2008


The boards discussed the accounting for emissions trading schemes, including how to account for:

- the receipt of allowances in a cap and trade scheme

- the baseline in a baseline and credit scheme

The session was educational and no decisions were made

Date: 10/15/2008