International Accounting Standards Board (IASB)

1.  The IASB has published proposals to define 'investment entities' as a separate type of entity that would be exempt from the accounting requirements in IFRS 10 Consolidated Financial Statements (Press Release).

2.  The August 2011 Investor Perspective is now available - Patricia McConnell, an IASB Board member, writes an article titled Benefits of the IASB’s recent revisions to pension accounting.

3.  Registration and the agenda for the 8-9 September 2011 IFRS Interpretations Committee meeting is now available

4.  A correspondence between the IASB and European Securities and Markets Authority (ESMA) regarding the accounting for Greek government bonds is now available to the public.

5.  The agenda for the 15-16 September 2011 World Standard Setters (WSS) Meeting is now available.

6.  The IASB calendar has been updated.

Financial Accounting Standards Board (FASB)

1.  A biannual meeting was held on 18-19 August 2011 between the FASB and the Accounting Standards Board of Japan (ASBJ) in Tokyo, Japan (Press Release).

2.  The video from the 31 August 2011 FASB Education Session is now available on the following topics:

• Insurance contract
• Accounting for financial instruments: disclosures

3.  The FASB calendar has been updated.

Accounting Standards Board (AcSB)

1.  The agenda for the September 7-8 2011 AcSB Board Meeting is now available.

European Financial Reporting Advisory Group (EFRAG)

1.  EFRAG invites companies to participate in the field-testing of the forthcoming revised proposals on Revenue Recognition (Press Release).

2.  The EFRAG calendar has been updated.

Financial Reporting Council (FRC)

1.  The UK Government and FRC have published a Discussion Paper on reducing the financial reporting burdens for micro-entities.

Accounting Standards Board of Japan (ASBJ)

1.  The ASBJ has submitted a comment letter on the EFRAG Discussion Paper Considering the Effect of Accounting Standards.