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Podcast summaries


 
 

We provide audio summaries of Board meetings, project updates and other useful information ('podcasts'). These provide a high-level overview of the topic and are designed to be listened to on a computer or downloaded to a digital media player

Accessing Podcasts

Podcast summaries can be accessed via:

RSS feed
You can subscribe to our dedicated RSS feed by clicking here.  The latest IASB podcasts will be downloaded automatically to your mp3-enabled device or will be accessible through your RSS reader. You can also access all past podcasts by clicking on the RSS feed icon.

Alternatively, to listen to an mp3 file you can scroll down this page, or click on the links below to jump down the page:

Board Podcasts

These podcasts are recorded shortly after each Board meeting and provide a short (approximately 30 minutes) summary of the main topics and projects discussed.

Download individual mp3 file:

Board meeting Topics covered Link
March 2014 Insurance Contracts, Conceptual Framework, Leases, Disclosure Initiative
February 2014 Fair Value Measurement: Unit of Account, Financial Instruments: Impairment, Financial Instruments: Classification and Measurement
January 2014 Financial Instruments : Classification & Measurement, Financial Instruments: Impairment, Insurance contracts, Leases, Agriculture: Bearer plants
December 2013 Equity Method: Share of Other Net Assets Changes (proposed amendment to IAS 28), Financial Instruments: Impairment, Financial Instruments: Classification and Measurement, Fair Value Measurement: Unit of Account
November 2013 Revenue Recognition, Hedge Accounting, Impairment, Classification and Measurement, Leases, Rate Regulated Activities
October 2013 Impairment, Hedge Accounting, Revenue Recognition and Disclosure Initiative
September 2013 Financial Instruments: classification and Measurement, Financial Instruments : Impairment, Revenue Recognition, IAS 1 Presentation of Financial Statements amendments
July 2013 Revenue Recognition, Financial Instruments: Classification and Measurement, Financial Instruments: Impairment, Post-implementation Reviews, Accounting for Macro Hedging 
June 2013 Financial Instruments: Classification and Measurement; Comprehensive review of the IFRS for SMEs; Annual Improvements to IFRSs 2011-2013 Cycle; and Annual Improvements to IFRSs 2010-2012 Cycle.
May 2013 Comprehensive review of the IFRS for SMEs; IFRS 3 Business Combinations: mandatory purchases of non-controlling interests; IAS 39 Financial Instruments: Recognition and Measurement: novation of derivatives and continuation of hedge accounting; Conceptual Framework; Accounting for macro hedging; Revenue Recognition; Financial Instruments: classification and measurement
April 2013 Comprehensive review of the IFRS for SMEs, Conceptual Framework, Financial Instruments: Hedge Accounting, Post-implementation review of IFRS 8 Operating Segments
 March 2013 Agriculture: Bearer Biological Assets, IFRS for SMEs: Comprehensive Review 2012–2014, Conceptual Framework, Fair Value Measurement, Annual Improvements 2010–2012, Proposed narrow-focus amendment to IAS 1 Presentation of Financial Statements, Revenue Recognition, Put options written on non-controlling-interests
February 2013 Insurance contracts; Conceptual Framework; Revenue Recognition; Rate Regulated Activities; Agriculture
 January 2013 Disclosure Forum, Conceptual Framework, Insurance Contracts, Rate-regulated Activities, Financial Instruments: Hedge Accounting, Matters arising from the IFRS Interpretations Committee, Post-implementation review of IFRS 8 Operating Segments
December 2012 Conceptual Framework; Financial Instruments: Impairment; Revenue Recognition; Insurance Contracts; Bearer biological assets; Rate-regulated activities
November 2012 Financial Instruments: Impairment, Revenue recognition, Conceptual framework, Insurance contracts, Offsetting Disclosures—Amendments to IFRS 7 (Update), Due process documents and Enhanced Disclosure Task Force Report
October 2012 The topics covered in the October 2012 Board meeting podcast include insurance contracts, accounting for macro hedges, impairment, revenue recognition and IAS 8.
September 2012 Leases, insurance contracts, accounting for macro hedges, classification and measurement of financial instruments, impairment, revenue recognition, investment entities, rate regulated activities, bearer biological assets and the conceptual framework.
July 2012 Classification and measurement of financial instruments, impairment, insurance contracts, investment entities, leases and revenue recognition
June 2012 Leases, classification and measurement of financial instruments, insurance, investment entities, reviews of IFRS 8: Operating Segments and IFRS for SMEs
May 2012 ?Classification and measurement of financial instruments, impairment, insurance contracts, investment entities, agenda consultation, leases and revenue recognition  
April 2012 Financial instruments and insurance contracts
March 2012 Insurance, macro hedge accounting, post-implementation reviews, effective dates and review of efficiency and effectiveness of the IFRS Interpretations Committee
February 2012 Impairment of financial assets, Insurance contracts, Classification and measurement of financial instruments, Leases
January 2012 IFRS 9 Impairment, Classification and measurement, Macro hedge accounting, Insurance contracts, agenda consultation and effective dates

 

All previous Board podcasts can be accessed by clicking here.

Disclaimer: The Board meeting audio summaries do not represent the official views of the Board; all Board decisions are tentative until an official due process document has been published. For a more detailed summary of the Board meeting and the tentative decisions, please refer to IASB Update.

Interpretations Committee meetings podcasts

These podcasts are recorded shortly after each meeting and provide a short summary of the main topics and projects discussed.

Download individual mp3 file:

Date Topics covered Link
March 2014 Michael Stewart, Won-Hee Han, Irina Makarova, Koichiro Kuramochi and Denise Durant give an overview of some of the issues discussed at the March 2014 IFRS Interpretations Committee meeting, including  IFRS 11 Joint Arrangements– classification of joint arrangements, IAS 2 Inventories and IAS 16 Property, Plant and Equipment – ‘core’ inventories’, IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors—distinction between a change in an accounting policy and a change in an accounting estimate and IAS 34 Interim Financial Reporting—condensed statement of cash flows.
January 2014 Michael Stewart, Leo Piombino, Denise Durant, Won-Hee Han and Koichiro Kuramochi give an overview of some of the issues discussed at the January 2014 IFRS Interpretations Committee meeting, including  IAS 12 Income Taxes – Threshold of recognition of an asset on uncertain tax position, IAS 1  Presentation of Financial Statements – Issues related to the application of IAS 1, IFRS 11 Joint Arrangements– classification of joint arrangements, IFRS 10 Consolidated Financial Statements – An investment entity subsidiary that also provides investment-related services.
November 2013 Michael Stewart, Koichiro Kuramochi, Anna Heining and Won-Hee Han give an overview of some of the issues discussed at the November 2013 IFRS Interpretations Committee meeting, including IFRS 10 Consolidated Financial Statements: Investment Entities Amendments – Definition of investment-related services or activities, IAS 17 Leases – Meaning of ‘incremental costs’, IAS 39 Financial Instruments: Recognition and Measurement – Accounting for a term-structure repo transaction and IFRS 11 Joint Arrangements – Summary of outreach on implementation issues.
September 2013 Michael Stewart, Kazu Sakaguchi, Denise Durant and Won-Hee Han give an overview of some of the issues discussed at the September 2013 IFRS Interpretations Committee meeting, including IAS 19 Employee Benefits—Exposure Draft Defined Benefit Plans: Employee Contributions, IFRS 2 Share-based Payment—measurement of cash-settled share-based payment transactions that include a performance condition, IFRS 2—price difference between the institutional offer price and the retail offer price for shares in an initial public offering and IFRS 5 Non-current Assets Held for Sale and Discontinued Operations—Write-down of a disposal group and reversal of impairment losses relating to goodwill recognised for a disposal group.
July 2013 Michael Stewart, Liz Figgie, Leo Piombino and Patrick Le Flao give an overview of some of the issues discussed at the July 2013 IFRS Interpretations Committee meeting, including IAS 32 Financial Instruments: Presentation—Classification of a financial instrument that is mandatorily convertible into a variable number of shares (subject to a cap and a floor) but gives the issuer the option to settle by delivering the maximum (fixed) number of shares, IAS 32 Financial Instruments: Presentation—Classification of a financial instrument that is mandatorily convertible into a variable number of shares upon a contingent ‘non-viability’ event, IAS 19 Employee Benefits—Actuarial assumptions: discount rate, IFRS 7 Financial Instruments: Disclosures: applicability of the amendments to IFRS 7 to condensed interim financial statements and IFRS 10 Consolidated Financial Statements and IFRS 11 Joint Arrangements—transitional provisions in respect of impairment, foreign exchange and borrowing costs.
May 2013 Michael Stewart, Thomas Harzheim, Denise Durant and Leonardo Piombino give an overview of some of the issues discussed at the May 2013 IFRS Interpretations Committee meeting, including IAS 12 Income Taxes—Recognition of deferred tax assets for unrealised losses, IFRS 5 Non-current Assets Held for Sale and Discontinued Operations—classification in conjunction with a planned IPO, but where the prospectus has not been approved by the securities regulator, IFRS 5 Non-current Assets held for Sale and Discontinued Operations—Change of Disposal method and IAS 19 Employee Benefits—Actuarial assumptions: discount rate.
March 2013 Michael Stewart, Ken Yoshimura, April Pitman, Leo Piombino, and Won-Hee Han give an overview of some of the issues discussed at the March 2013 IFRS Interpretations Committee meeting, including IFRS 2 Share-Based Payment – Share-based payment awards settled net of tax withholdings, IFRS 10 Consolidated Financial Statements – Effect of protective rights on an assessment of control, IAS 19 Employee Benefits—Actuarial assumptions: discount rate and IAS 28 Investments in Associates and Joint Ventures – Elimination of gains arising from a transaction between a joint venturer and its joint venture.
January 2013 There was no podcast made for this meeting.
November 2012 Michael Stewart, April Pitman, Leo Piombino and Patrick Le Flao give an overview of some of the issues discussed at the November 2012 IFRS Interpretations Committee meeting, including IAS 1 Presentation of Financial Statements—Disclosures about going concern, IAS 19 Employee Benefits—Actuarial assumptions: discount rate and IAS 37 Provisions, Contingent liabilities and Contingent Assets—Interpretation on levies.
September 2012 Michael Stewart, Ken Yoshimura and Kazu Sakaguchi  give an overview of some of the issues discussed at the September 2012 IFRS Interpretations Committee meeting, including IAS 19 Employee Benefits—Accounting for contribution-based promises: reconsideration of Draft Interpretation D9 Employee Benefit Plans with a Promised Return on Contributions or Notional Contributions, IAS 39 Financial Instruments: Recognition and Measurement Income and expenses arising on financial instruments with a negative yield—presentation in the statement of comprehensive income, IAS 19 Employee Benefits—Measurement of the net defined benefit obligation (DBO) for post-employment benefit plans with employee contributions and IAS 40 Investment Property—Accounting for a structure that appears to lack the physical characteristics of a building  
20 July 2012 Michael Stewart, Martin Friedhoff and Patrick Le Flao give an overview of the issues discussed in the July 2012 IFRS Interpretations Committee meeting, including IFRS 10 Consolidated Financial Statements, IAS 28 Investments in Associates and Joint Ventures—Accounting for the loss of control of a group of assets or a subsidiary between an investor and its associate or joint venture, IAS 39 Financial Instruments: Recognition and Measurement—Scope of paragraph AG5 and IAS 7 Statement of Cash Flows—Examples illustrating the classification of cash flows.  
30 May 2012 Michael Stewart, Martin Friedhoff, Patrick Le Flao and Liz Figgie give an overview of the issues discussed in the May 2012 IFRS Interpretations Committee meeting, including IAS 39 Financial Instruments: Recognition and Measurement – Accounting for different aspects of restructuring Greek Government Bonds, IAS 37 Provisions, Contingent Liabilities and Contingent Assets – Determining when to recognise a liability for levies and IAS 32 Financial Instruments: Presentation – Put options written over non-controlling interests.  
28 March 2012 Michael Stewart, Gary Berchowitz and Denise Durant give an overview of the issues discussed in the March 2012 IFRS Interpretations Committee meeting, including IAS 37 Provisions, Contingent Liabilities and Contingent Assets – Determining when to recognise a liability for levies, IFRIC 12 Service Concession Arrangements - How to account for contractual payments made by operator under service concession arrangement, IAS 1 Presentation of Financial Statements – Presentation of expense for non-income taxes, IAS 12 Income Taxes – Accounting for the tax effects of market value uplifts allowed by new tax legislation for tax depreciation purposes, IAS 16 Property, Plant and Equipment / IAS 38 Intangible Assets – Revenue-based depreciation and amortisation, IFRS 11 Joint Arrangements – Purchase of an interest in a joint operation that contains a business, IAS 7 Statement of Cash Flows – Cash flow classification.
25 January 2012 Michael Stewart, Gary Berchowitz and Patrick Le Flao give an overview of the issues discussed in the January 2012 IFRS Interpretations Committee meeting, including IAS 37 Provisions, Contingent Liabilities and Contingent Assets – Determining when to recognise a liability for levies, IAS 28 Investments in Associates and Joint Ventures – accounting for associate’s changes in equity, IAS 32 Financial Instruments: Presentation – accounting for put options written over shares held by non-controlling interests, IAS 2 Inventories – long-term prepayments for inventory supply contracts and Annual Improvements – deliberation of comments received on exposure draft.

 

All previous Interpretations Committee podcasts can be accessed by clicking here.

 

Project podcasts

Download individual mp3 file:

Date Topics covered Link
Derecognition:
September 2010 Introduction to amendments to IFRS 7 Financial Instruments: Disclosures.

 

Conceptual Framework:
November 2013 Podcast on the treatment of profit or loss and other comprehensive income in the IASB's Conceptual Framework project.
April 2013 Podcast on the April 2013 Board meeting.
March 2013 Podcast on the March 2013 Board meeting.
February 2013 Podcast on the February 2013 Board meeting.

 

January 2013 Podcast on the January 2013 Board meeting.

 

December 2012 Podcast on the December 2012 Board meeting.

 

September 2010 Introduction to the first phase of the joint project to develop an improved conceptual framework for IFRSs and US GAAP.

 

Financial Statement Presentation:
August 2010 IASB and the FASB joint podcast to introduce the staff draft on Financial Statement Presentation
Fair Value Measurement:
July 2010 IASB and the FASB joint podcast to introduce the proposed measurement uncertainty disclosure.
Hedge accounting:
January 2011     IASB member Stephen Cooper discusses the Hedge Accounting proposals with Dennis Jullens from UBS Valuation & Accounting Research
December 2010 Exposure draft Hedge Accounting
July 2010 Overview of hedge accounting phase of the IAS 39 replacement project
July 2010 Eligibility of derivatives as hedged items
July 2010 Eligibility of net positions as hedged items
Leases:
July 2010 Lessor accounting   
July 2010 Lessee accounting
July 2010 Overview of proposed approach
April 2010 Q&A on the Leases project, addressing frequently asked questions on the proposed Lease accounting model.
Insurance Contracts:
March 2014 Update on progress in the Insurance Contracts project (17)
December 2012 Update on progress in the Insurance Contracts project (16)
 October 2012 Update on progress in the Insurance Contracts project (15)
September 2012 Update on progress in the Insurance Contracts project (14)
June 2012 Update on progress in the Insurance Contracts project (13)
May 2012 Update on progress in the Insurance Contracts project (12)
April 2012 Update on progress in the Insurance Contracts project (11)
March 2012 Update on progress in the Insurance Contracts project (10)
February/March 2012 Update on progress in the Insurance Contracts project (10)
December 2011 Update on progress in the Insurance Contracts project (9)
November 2011 Update on progress in the Insurance Contracts project (8)
October 2011 Update on progress in the Insurance Contracts project (7)
June 2011     Update on progress in the Insurance Contracts project (6)
May 2011 Update on progress in the Insurance Contracts project (5)
April 2011 Update on progress in the Insurance Contracts project (4)
March 2011 Update on progress in the Insurance Contracts project (3)
February 2011     Update on progress in the Insurance Contracts project (2)
January 2011 Update on progress in the Insurance Contracts project (1)
October 2010 On reinsurance specific aspects of the recently published exposure draft Insurance Contracts.
August 2010 Introducing the exposure draft on improvements to the accounting for insurance contracts. 
Financial Instruments Amortised Cost and Impairment:
April 2010 Financial Instruments: Amortised Cost and Impairment. Click here for the accompanying explanation and example.
Financial Instruments Asset and liability offsetting:
January 2011 Introducing the exposure draft Offsetting Financial Assets and Financial Liabilities
December 2011 IASB clarified its requirements for offsetting financial instruments by issuing Offsetting Financial Assets and Financial Liabilities (Amendments to IAS 32).
Slides only
Post-employment benefits:
June 2011 Introducing the improvements to the accounting for post-employment benefits
Revenue recognition:
November 2011 Introducing the revised exposure draft Revenue from Contracts with Customers
December 2011 Introducing the revised exposure draft Revenue from Contracts with Customers

IFRS Foundation Podcasts

 Download individual mp3 file:

Date Topics covered Link
10 May 2010 Sir Bryan Nicholson, Trustee of the IFRS Foundation, provides an overview of the recent enhancements to the IFRS Foundation Constitution.

 

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