The following projects were discussed:
- financial instruments: hedge accounting
- financial instruments: impairment
- insurance contracts
- revenue recognition.
The IASB and the FASB also discussed effective dates and transition methods for key projects, and cross-cutting issues from the proposed disclosures in the revenue recognition, leases and insurance contracts due process documents.
The IASB separately discussed the forthcoming standards on disclosure of interests in other entities and fair value measurement, proposed changes to discontinues operations standard and the outcome of the outreach activities in respect of the financial statement presentation project.