This is a brief summary of news and events from the International Accounting Standards Board (Board) and the IFRS® Foundation over the past month.
Tadeu Cendon and Rika Suzuki appointed to the International Accounting Standards Board
The Trustees of the IFRS Foundation, responsible for the governance and oversight of the Board, appointed Tadeu Cendon and Rika Suzuki as Board members.
Speech: The Primary Financial Statements project—a game changer in financial reporting?
Chair of the Board Hans Hoogervorst delivered a speech at a conference organised by the Consejo Mexicano de Normas de Información Financiera. In the speech, he described the global nature of IFRS Standards, the recently issued major Standards and the Board's work on improving the formatting and structure in IFRS financial statements through its Primary Financial Statements project.
Feature: Agenda decisions—time is of the essence
Sue Lloyd, Vice-Chair of the Board and Chair of the IFRS Interpretations Committee, explains the Board's position on agenda decisions.
IASB March podcast published
Hans Hoogervorst and Sue Lloyd join technical staff member Matt Tilling in the latest podcast summarising the Board’s recent discussions and talking through some of the decisions made during its March meeting.
IFRS 17 podcast on March IASB meeting now available
The podcast features Board member Darrel Scott and technical staff member Andrea Pryde reporting on the discussion at the March 2019 Board meeting about IFRS 17 Insurance Contracts.
Package of supporting modules on the IFRS for SMEs Standard available
The IFRS Foundation has made available a package of 35 supporting modules to help those applying the IFRS for SMEs Standard.
IFRS Foundation publishes IFRS Taxonomy 2019
The IFRS Foundation has published the IFRS Taxonomy 2019. It includes changes resulting from a common practice update and a general improvement update to the IFRS Taxonomy 2018.