Australia

Details

  • Service: Audit, Financial Statement Audit, Financial Reporting & Accounting Standards, Accounting Advisory Services, International Financial Reporting Standards (IFRS)
  • Type: Regulatory update
  • Date: 17/01/2011

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.

December 2010 IASB meetings (2011/01) 

This first issue of In the Headlines (formerly IFRS Briefing Sheets) for 2011, covers the December 2010 meetings of the International Accounting Standards Board (IASB).
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The meetings included discussions on the consolidation, fair value measurement, financial instruments, insurance contracts, post-employment benefits and revenue recognition projects.

 

In addition the IASB approved amendments to IFRS 1 regarding removal of fixed dates and severe hyperinflation and amendments to IAS 12 regarding the measurement of deferred tax on investment properties.

IFRS Briefing Sheets - International financial reporting updates