Australia

Details

  • Service: Audit, Financial Statement Audit, Financial Reporting & Accounting Standards, Accounting Advisory Services, International Financial Reporting Standards (IFRS)
  • Type: Regulatory update
  • Date: 12/08/2010

IFRS In the Headlines

IFRS In the Headlines
In the Headlines (formerly IFRS Briefing Sheets) provide a timely update on International Financial Reporting Standards (IFRS) developments.

IFRS Briefing Sheet 204: July and August 2010 IASB meetings 

This IFRS Briefing Sheet covers both the July 2010 and early August 2010 meetings of the IASB.

Key highlights from the meeting include:

  • issue of Exposure Draft ED/2010/8 Insurance Contract
  • deliberation of comment letters in relation to the consolidation project,
  • the IASB directed the staff to draft an Exposure Draft that proposes an exception to IAS 12 Income Taxes measurement requirements
  • to continue with the rate-regulated activities project and not to issue an interim standard.

 

 

 

IFRS Briefing Sheets - International financial reporting updates