The IASB staff is developing educational material to accompany an IFRS on fair value measurement. That educational material will describe at a high level the thought process that one might go through to meet the objective of a fair value measurement. The IASB and FASB staff will liaise during its development. The IFRS Foundation [at the time called the IASC Foundation] plans to publish the educational material shortly after the publication of an IFRS on fair value measurement.
3 March 2010
Some members and staff of the IASB participated in international meetings in Singapore and Kuala Lumpur to get feedback on the challenges that entities in these jurisdictions might face when applying fair value measurement concepts and principles that were included in the 2009 exposure draft.
November and December 2009
The IASB published a Request for Input asking entities in emerging and transition economies to consider whether the proposed fair value measurement guidance could be applied in their jurisdictions. Read the request for input on the application of the fair value measurement proposals in emerging and transition economies.