You can now listen to the January podcast, which provides an informal update on the International Accounting Standards Board’s (Board) January meeting. Chair Hans Hoogervorst and Vice-Chair Sue Lloyd join Education Director Matt Tilling.
Hans summarises the Board’s discussions about the Primary Financial Statements project, which this month focused on how some commonly used ‘non-GAAP’ performance metrics may be brought into the financial statements. Sue provides an update on the Financial Instruments with Characteristics of Equity (FICE) project and the Board’s discussions about how some aspects of accounting for financial instruments with complex pay offs will be included in the forthcoming Discussion Paper.
Hans explains that the work to revise the Conceptual Framework is now very close to completion, and Sue provides an update on the two issues brought to the Board table from the IFRS Interpretations Committee this month.
The podcast also includes an update on the discussions on the feedback from the IFRS 13 Post-implementation Review and the Board’s ongoing discussions about goodwill and impairment.
You can listen to the podcast on our website here. You can also subscribe to receive the podcasts every month in iTunes. From this month, the podcasts will also be available on Stitcher and on YouTube.