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Deloitte's IAS Plus
22 August 2010: Agenda for 2-3 September 2010 Interpretations Committee meeting
The IFRS Interpretations Committee will meet at the IASB's offices in London on Thursday and Friday 2 and 3 September 2010 (morning only on 3 September). The agenda for the meeting is now available.
20 August 2010: FASB webcast on revenue recognition project
On Thursday 26 August 2010, the FASB will hold a webcast to discuss the potential effects of the Exposure
Draft, Revenue from Contracts with Customers, on current practices relating to accounting for real estate transactions.
20 August 2010: IASB staff draft of IFRS on Fair Value Measurement
The IASB has posted to its website a staff draft of a forthcoming IFRS on fair value measurement, reflecting the tentative decisions made to date by the IASB and the FASB.
20 August 2010: FASB posts staff draft of ASU on insurance contract costs
The FASB has posted a staff draft of the Final Accounting Standards Update (ASU) 'Insurance (Topic 944): Accounting for Costs Associated with Acquiring or Renewing Insurance Contracts (a consensus of the FASB Emerging Issues Task Force)'.
20 August 2010: Upcoming Deloitte webcast on lease accounting exposure draft
On Friday 10 September 2010, Deloitte (United States) will present a live webcast on the exposure draft 'Leases'.
19 August 2010: FASB delays comment deadline for proposed ASU on contingencies
The FASB has extended the comment deadline from 20 August 2010 to 20 September 2010.
19 August 2010: FASB issues proposed ASU on defined contribution pension plans
The FASB has issued a proposed Accounting Standards Update (ASU), Plan Accounting - Defined Contribution Pension Plans (Topic 962): Reporting Loans to Participants by Defined Contribution
Pension Plans (A consensus of the FASB Emerging Issues Task Force).
19 August 2010: Annual report of the UK FRRP
The Financial Reporting Review Panel (FRRP) of the UK Financial Reporting Council (FRC) has published its annual report 2010.
19 August 2010: Update on New Zealand deferred tax issue
The New Zealand Financial Reporting Standards Board (FRSB) and Accounting Standards Review Board (ASRB) have issued an updated Communique confirming that deferred tax should be recognised in relation to certain buildings for which tax depreciation had been removed by a tax law change. The FSRB has rejected a departure from IFRS on the issue.
18 August 2010: IASB issues editorial corrections to leases ED
The International Accounting Standards Board (IASB) has released a number of editorial corrections to ED/2010/9 'Leases'.
18 August 2010: Deloitte global press release on IASB and FASB proposals to overhaul lease accounting
Deloitte has published a global press release on the IASB and FASB proposals to overhaul lease accounting.
18 August 2010: Heads Up on leases proposals
Deloitte (United States) has published a new Heads Up newsletter discussing the exposure draft 'Leases', issued by the FASB and IASB.
18 August 2010: Heads Up on leases proposals
Deloitte (United States) has published a new Heads Up newsletter discussing the exposure draft 'Leases', issued by the FASB and IASB.
18 August 2010: Deloitte (UK) press release on IASB leases proposals
Deloitte (United Kingdom) has published a press release on the IASB's proposals in ED/2010/9 'Leases'.
17 August 2010: Spanish Heads Up on financial statement presentation
We have posted "Respecto de la cara del estado financiero. FASB propone cambios profundos a la presentación del estado financiero"
17 August 2010: IASB and FASB publish proposals to improve the financial reporting of leases
The International Accounting Standards Board (IASB) and the US Financial Accounting Standards Board (FASB) today published for public comment joint proposals to improve the financial reporting of lease contracts.
17 August 2010: Agenda for the special 24 August IASB meeting
The IASB will hold an additional Board meeting on 24 August 2010 from 11:00 to 15:00 to discuss the Financial Instruments project and Income Taxes.
17 August 2010: Japanese and United States standard-setters meet to discuss global convergence
Representatives of the Accounting Standards Board of Japan (ASBJ) and United States Financial Accounting Standards Board (FASB) have met to discuss global convergence of accounting standards.
16 August 2010: IASB webcast on lease accounting exposure draft
On Wednesday 18 August 2010 IASB staff will present a live webcast to discuss the exposure draft Leases which is expected to be published tomorrow.
16 August 2010: SEC calls for views on aspects of possible IFRS transition
The Securities and Exchange Commission (SEC) has released two Requests for Comment on behalf of its staff on a number of topics related to its ongoing consideration of incorporating International Financial Reporting Standards (IFRS) into the financial reporting system for United States issuers.
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