This page highlights IFRS Foundation news and activities over the past month:
IFRS Foundation appoints seven new Trustees
The IFRS Foundation has appointed seven new Trustees. The current Chair of the Trustees Michel Prada will continue in his post until a successor is in place, with Sheila Fraser and Takafumi Sato as Vice-Chairs. Click here for more details.
IFRS Foundation to move offices in 2018The IFRS Foundation will be relocating to Canary Wharf in the summer of 2018.
The Board issued annual improvements to IFRS Standards
The Board issued Annual Improvements to IFRS Standards 2015–2017 Cycle, which makes narrow-scope amendments to four IFRS Standards.
IFRS 17 Insurance Contracts—Help is at hand
Martin Edelmann, Board member, outlines the resources available to insurers and others implementing IFRS 17.
New IFRS 17 webcast: Transition to IFRS 17
IASB staff present a webcast on the transition requirements faced when applying IFRS 17 Insurance Contracts for the first time.
Q&A guidance published on accounting for the issue of financial guarantee contracts under the IFRS for SMEs® Standard
The IFRS Foundation published guidance on the IFRS for SMEs Standard following public consultation. The guidance is in the form of a Q&A and advises how an issuer should account for financial guarantee contracts.
IFRS Foundation publishes IFRS Taxonomy guide for companies
The IFRS Foundation has published a guide for companies using the IFRS Taxonomy. The guide explains how to tag information in financial statements prepared in accordance with IFRS Standards.
IFRS Taxonomy 2017 now available in Japanese
To provide further support to Japanese-speaking users of the IFRS Taxonomy, the IFRS Taxonomy Illustrated is now available for viewing and use in Japanese.