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This is a brief summary of news and events from the International Accounting Standards Board (Board) and the IFRS® Foundation over the past month:

Erkki Liikanen delivers speech in Malaysia as part of Trustees meeting

New Chair of the IFRS Foundation Trustees Erkki Liikanen spoke about the contribution of Malaysia and the Asia-Oceania region to the IFRS Foundation’s work at a stakeholder event organised in conjunction with the Trustees meeting in Kuala Lumpur.

Feature: Materiality modernised

Board member Gary Kabureck explains the steps the Board has taken to modernise the concept of materiality.

January IASB podcast now available

In this podcast, Chair and Vice-Chair of the Board Hans Hoogervorst and Sue Lloyd join Technical Staff Member Matt Tilling to provide an update on the Board's latest meeting and take a brief look at some of the upcoming activities for the year.

IASB progresses IFRS 17 discussions at its January meeting

The Board continued its considerations of how to respond to the concerns and implementation challenges raised in relation to IFRS 17, during its January meeting.

New Standard on leases now effective

IFRS 16 Leases became effective for annual reporting periods starting on or after 1 January 2019. Take a look at the Standard and materials prepared to support its implementation.

Capital Markets Advisory Committee call for members

The Capital Markets Advisory Committee (CMAC) is seeking new candidates to join the CMAC from 1 January 2020 for a term of three years.

IFRS Foundation updates the IFRS Taxonomy Preparer's Guide

The IFRS Foundation published an updated guide to using the IFRS Taxonomy, to help companies with the electronic tagging of their financial statements.