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Wednesday 27 August 2014

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Phase II: Amortised cost and impairment of financial assets

Project news history


Project news history


The staff continues to develop the general impairment model based on credit deterioration.

18 January 2012

On 5 August 2011, a Financial Instruments Working Group (FIWG) meeting was held in London to discuss the impairment project. For more information please click here.

5 August 2011

On Tuesday 24 May 2011 there were two webcasts by the IASB staff at 10am and 4pm (London time) to provide updates on the statuses of both the impairment and the hedge accounting projects. Click hereto listen.

24 May 2011

The comment period for the supplementary document Financial Instruments: Impairment closed on 1 April 2011. Feedback on the supplementary document is being considered and redeliberations are on-going.

4 April 2011

 On Friday 4 February the IASB will be hosting two live webcasts on the impairment supplementary document recently published. The sessions will take place at 10am (UK time) and 4pm (UK time).  Click here for details.

4 February 2011

The IASB and FASB published for public comment a supplementary document on impairment accounting. For the IASB the document ( Financial Instruments: Impairment) is a supplement to the exposure draft Financial Instruments: Amortised Cost and Impairment. The comment deadline for this document is 1 April 2011.  Click here for details.

31 January 2011

An additional Board meeting will be held on Wednesday 1 December 2010. This project will be discussed at that meeting. For more information and observer notes as they become available, please click here.

25 November 2010

A joint meeting will be held on Wednesday to Friday, 10-12 November 2010 for the IASB and the FASB to discuss this project. For more information and observer notes as they become available, please click here.

22 October 2010

This project will be discussed by the boards at their October 2010 meeting. For more information and observer notes as they become available, please  click here and select a board meeting date

14 October 2010

This project will be discussed by the Board at their September 2010 meeting. For more information and observer notes as they become available, please click here

8 September 2010

The staff has posted an overview slide of the key issues of an expected loss impairment approach. These will be the first issues considered in re-deliberations before addressing details of the resulting model.  To view the document, click here.

2 September 2010