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:
Board amends IFRS Standards in response to the IBOR reform
The amendments are designed to support the provision of useful financial information by companies during the period of uncertainty arising from the phasing out of interest-rate benchmarks such as (IBORs).
Investor Perspectives: Amendments to IFRS 17 make it easier for insurers to explain results
Board member Nick Anderson discusses the new disclosures the Board proposed as part of the package of proposed amendments to IFRS 17 that were published in June.
Speech: South Korea's contribution to international standard-setting
Chair of the Board Hans Hoogervorst delivered the keynote speech at the 20th anniversary of the Korea Accounting Standards Board. He talked about their contribution to international standard-setting through history and encouraged continued engagement between the two organisations.
Working towards better information on business combinations
In this article, Board member Tom Scott discusses the Board's preliminary views on how companies can provide users of financial statements with better information about mergers and acquisitions at a reasonable cost.
Call for members—IFRS Taxonomy Consultative Group
The Board is seeking candidates to join the IFRS Taxonomy Consultative Group from 1 April 2020 to contribute to the development of the IFRS Taxonomy by providing regular input. Get in touch with us to apply.
2020 IASB Research Forum—call for papers
The IFRS Foundation—together with the partner journal for the 2020 Forum, Accounting and Business Research (ABR)—is calling for papers to the 2020 IASB Research Forum, which will take place in November next year.
World Standard-setters Conference 2019
More than 150 standard-setters from 70 jurisdictions across the globe have gathered in London this week to discuss collaboration in accounting standard-setting and updates on the Board current projects. Find out more.