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This page highlights IFRS Foundation news and activities over the past month:

IASB Chairman's speech: The times, they are a-changin’

In a speech delivered at Accountancy Europe’s event in Brussels, IASB Chairman Hans Hoogervorst sets out his views on developments in corporate reporting and their relevance to IFRS Standards.

A holistic look at IFRS Standards: the role of Post-implementation Reviews

Board Member Gary Kabureck explains how the PIR process works.

Basel Committee on Banking Supervision and IFRS Foundation sign Memorandum of Understanding

The Basel Committee on Banking Supervision and the IFRS Foundation have announced a new cooperation agreement to foster long-term financial stability, enhance market discipline and further develop sharing of information.

IASB publishes Exposure Draft to clarify how to distinguish accounting policies from accounting estimates

The Board published for public consultation proposed narrow-scope amendments to IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors.

Video: Introducing Making Materiality Judgements

In this video, Board member Françoise Flores explains the reasons for the Board developing IFRS Practice Statement 2 Making Materiality Judgements and introduces its guidance.

IASB issues Practice Statement 2 Making Materiality Judgements and publishes Exposure Draft Definition of Material

The Board issued guidance on how to make materiality judgements, so that financial statements focus on the information that is useful to investors.

New IFRS 17 webcast: reinsurance contracts held

IASB staff present a webcast on the accounting for reinsurance contracts held in applying IFRS 17 Insurance Contracts. The full webcast series can be accessed here or on our YouTube channel.

IASB announces composition of the Transition Resource Group for IFRS 17 Insurance Contracts

The Board confirmed the membership of its IFRS 17 Transition Resource Group (TRG), established to support implementation of the new Standard issued in May 2017.

New materials: The role of the IFRS Interpretations Committee in supporting IFRS Standards

The IFRS Foundation has published new materials to explain how the Board supports companies in their implementation and application of both new and existing IFRS Standards.

Investors: Issue 4 of The Essentials published

In this issue of The Essentials we help investors prepare for the introduction of IFRS 17.