Global Standards for the world economy

Friday 09 December 2016

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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