Please find below a brief summary of news and events from the International Accounting Standards Board (Board) and the IFRS® Foundation over the past month:
The IFRS Foundation has movedAfter being based at 30 Cannon Street in London for 17 years, the IFRS Foundation—including the Board—relocated to Canary Wharf in August 2018.
Chairman's speech: Japan and IFRS StandardsChairman of the IASB Hans Hoogervorst spoke at an event hosted by the Accounting Standards Board of Japan about adoption of IFRS Standards around the world and the Board's work on Goodwill and Better Communication.
Check the numbers: Accounting information still matters to you, me and investors around the worldThe Board Member Ann Tarca delivered the CPA Philip Brown Annual Lecture, which is organised annually by CPA Australia together with the University of Western Australia Business School and Curtin Business School.
September 2018 IFRS Advisory Council podcast availableIFRS Advisory Council Chair Joanna Perry joins IFRS Foundation’s Education Director Matt Tilling to provide a summary of the Advisory Council meeting 4–5 September in London.
September IASB podcast now availableIASB Chair Hans Hoogervorst and Vice-Chair Sue Lloyd join Matt Tilling for the September podcast to discuss the Board meeting and other developments that have taken place this month. The podcast is available here.
Webcasts on the Discussion Paper Financial Instruments with Characteristics of EquityIn this series of web presentations, the Board Technical Director Kumar Dasgupta and Technical Manager Uni Choi cover different chapters of the Discussion Paper Financial Instruments with Characteristics of Equity that was published in June 2018 to help stakeholders as they prepare to submit their comments. Access two new webcasts on:
New IFRS 17 webcast: insurance contracts with participation and other featuresThis webcast provides an overview of the effect of participation and other features on the measurement of the fulfilment cash flows and the contractual service margin. It is part of a series that the Board is providing to support the implementation of IFRS 17.
Ten educational modules to support the IFRS for SMEs® Standard are now availableThe IFRS Foundation is developing educational modules for the 2015 version of the IFRS for SMEs Standard to provide stakeholders with additional support in preparing and reading financial statements prepared in accordance with the Standard.
IFRS Foundation releases IFRS Taxonomy formula linkbase 2018The IFRS Taxonomy formula linkbase 2018 is now available to download. It can be used with software tools supporting the XBRL formula specification 1.0.
Proposed update to the IFRS Taxonomy 2018 on IFRS 13 common practiceThe IFRS Foundation has today published IFRS Taxonomy 2018—Proposed Update 1 Common Practice (IFRS 13 Fair Value Measurement) for public consultation. Access the document and other supporting materials here, including a webcast introducing the proposed changes.
Call for members—IFRS Taxonomy Consultative GroupThe Board is seeking candidates to join the IFRS Taxonomy Consultative Group from 1 April 2019. The IFRS Taxonomy Consultative Group contributes to the development of the IFRS Taxonomy by providing regular input on taxonomy-related issues. Find out how to apply here.
IASB Research Forum 2018—call for non-academic applicants
The Board will host its fifth Research Forum on 11 and 12 November 2018 in Sydney Australia, jointly with the accounting journal Abacus, and is now calling for people with backgrounds other than academia to apply to attend the event. Find out how to apply here.