The International Accounting Standards Board (Board) will hold an additional meeting on 28 August to discuss the IBOR Reform and its Effects on Financial Reporting project.

The reason for the additional meeting is to enable the Board to finalise as quickly as possible phase one of the project, which entails amending the financial instruments Standards, IAS 39 and IFRS 9. The meeting will be broadcast live on the IFRS Foundation’s website.

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