click here to view online version


Australian Accounting Standards Boards
Issue 28-11
20 July 2011
Website Update Alert
Subject: International Update
1. International
   

International Accounting Standards Board (IASB)

1.  The observer notes from the July 2011 IFRS Foundation Trustees meeting are now available.

2.  The podcast from the July 2011 IFRS Interpretations Committee meeting is now available.

3.  The July 2011 IFRS Interpretations Committee Update is now available.

4.  Presentation slides on Leases and Revenue from Contracts with Customers from the 5-6 July 2011 Zurich IFRS conference are now available.

5.  The IASB calendar has been updated.


International Ethics Standards Board for Accountants (IESBA)

1.  The background papers for the 21 July 2011 IESBA meeting are now available.


International Valuation Standards Council (IVSC)

1.  The IVSC has published updated international valuation standards effective January 2011 (Press Release).

 
 
   
2. United States of America
   

Financial Accounting Standards Board (FASB)

1.  The FASB has issued an Exposure Draft Proposed Accounting Standards Update - Property, Plant, and Equipment (Topic 360): Derecognition of in Substance Real Estate - a Scope Clarification (a consensus of the FASB Emerging Issues Task Force).

2.  The Action Alert, handout and video from the 29 June 2011 FASB meeting are now available.

3.  A podcast of the update on the Path to a Differential Standard - Setting Framework for Private Companies is now available.

4.  The minutes from the following meetings are now available:


5.  The FASB calendar has been updated.

6.  The Current Technical Plan and Project Updates page has been updated.


Governmental Accounting Standards Board (GASB)

1.  The GASB has released two new statements to improved financial reporting.

2.  The July 2011 edition of the GASB User's Perspective is now available.

3.  The GASB calendar has been updated.

 
 
   
3. Canada
   

Accounting Standards Board (AcSB)

1.  The AcSB has submitted a comment letter responding to the IFRS Foundation's Report of the Trustees’ Strategy Review.

2.  The meeting summary for the 16 June 2011 AcSB IFRS Discussion Group meeting is now available.

 
 
   
4. Europe
   

European Financial Reporting Advisory Group (EFRAG)

1.  The July 2011 edition of EFRAG Update is now available.

2.  The EFRAG has published its draft comment letter on the IASB's ED/2011/02 Improvements to IFRSs.

 
 
   
Contact AASB

The AASB International Update is provided as a courtesy to subscribers. Subscribers should not rely on the service as a definitive publication of updates. The Australian Accounting Standards Board does not guarantee, and accepts no legal liability whatsoever arising from or connected to, the accuracy, reliability, currency, timeliness or completeness of the notification service. Invalid email addresses and those with a full mailbox will be removed from the list. Access to the AASB website is subject to the terms and conditions outlined at http://www.aasb.gov.au/Copyright.aspx. Please note that in most cases documents are available at a later date from relevant sections.