We comment on the IASB’s proposed amendments to IAS 37
We have responded to the IASB's exposure draft ED/2018/2 'Cost of Fulfilling a Contract (Proposed amendments to IAS 37)' that was published in December 2018.
News and Publications
IASB podcast on recent IFRS 17 discussions
The IASB has released a podcast reporting on the discussions at two recent meetings on IFRS 17 'Insurance Contracts'.
IASB concludes discussion of possible amendments to IFRS 17, gives permission to develop an ED
At its meeting currently held in London, the IASB discussed as a whole the amendments to IFRS 17 that the Board has tentatively decided to propose and confirmed that it wishes to proceed with an exposure draft to amend IFRS 17.
IASB updates IFASS on IFRS 17, IASB meeting papers available
At the meeting of the International Forum of Accounting Standard Setters (IFASS) currently held in Buenos Aires, IASB Board member Darrel Scott updated the IFASS members on the status of the project regarding potential amendments to IFRS 17 'Insurance Contracts'. In addition, the IASB has made available the papers for discussing the project at the…
IAASB Quality Management Standards and Small- and Medium-sized Practices
The IAASB recently released a suite of proposed international standards on quality management. The proposals change the way professional accountancy firms are expected to manage quality—for audits, reviews, and other assurance and related services engagements. This video explains how the IAASB’s proposed quality management standards are scalable for small- and medium-sized practices.
AASB research into the application of IAS 36
The Australian Accounting Standards Board (AASB) has published its Research Report No. 9 'Perspectives on IAS 36: A case for standard setting activity'.
IASB decides on last round of potential amendments to IFRS 17
At its meeting currently held in London, the IASB discussed the last of the 25 concerns regarding the standard that were identified in October 2018 as candidates for potential amendments.
IASB posts webcast on IFRS 15
The IASB has posted a webcast, by IASB member Nick Anderson and investor engagement member Sid Kumar, that provides an overview on IFRS 15, ‘Revenue from Contracts with Customers’.
IAASB Work Plan for 2019: Enhancing Audit Quality
The IAASB Work Plan is guided by the three underlying strategic objectives, as set out in the Strategy for 2015‒2019: a continued focus on International Standards on Auditing as the basis for high-quality audits; the importance of standards for other services addressing emerging stakeholder needs; and the board’s intention to strengthen collaboration to address public…
2019 required and annotated required IFRS Standards now available
The IFRS Foundation announces that the annual publication formerly known as the 'Blue Book' is now available.