International Accounting Standards Board (IASB)

1.  The IASB has completed its improvements to the accounting requirements for off balance sheet activities and joint arrangements by issuing IFRS 10 Consolidated Financial Statements, IFRS 11 Joint Arrangements and IFRS 12 Disclosure of Interests in Other Entities.

2.  The IASB and the FASB have issued common fair value measurement and disclosure requirements (Press Release).

3.  The IFRS Interpretations Committee project pages have been updated following the May 2011 meeting.

4.  The IASB calendar has been updated.


Professional Accountants in Business Committee (PAIB)

1.  The Professional Accountants in Business Committee of the IFAC, along with CPA Australia and the ICAA, have hosted a forum on how integrated reporting can result in better governance (Press Release).


National Standard Setters (NSS)

1.  The report of the National Standard Setters meeting in New York, 24-25 March 2011, is now available.

Financial Accounting Standards Board (FASB) 

1.  Registration for the webcast of the 20 May 2011 Financial Accounting Foundation meeting to discuss the next steps in post-implementation review process is now available (Press Release). 

2.  The May 2011 FASB Update is now available.

3.  The Action Alert, handout, minutes and video of the 11 May 2011 FASB meeting are now available.

4.  Videos of FASB education sessions on investment properties, leases and accounting for financial instruments 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 a podcast on pension accounting and financial reporting - projection of benefit payments.

2.  The GASB calendar has been updated. 

Accounting Standards Board (AcSB)

1.  The AcSB has published its comment letter to the IASB Exposure Draft ED/2011/1 Offsetting of Financial Assets and Financial Liabilities.

2.  The AcSB will be hosting a 25 May 2011 webinar discussing improvements to accounting standards for private enterprises with registration now available.

3.  The decision summary of the 10 May 2011 AcSB meeting is now available.

European Financial Reporting Advisory Group (EFRAG) 

1.  The summary of the 10 May 2011 EFRAG Supervisory Board meeting is now available.

2.  The 2010 EFRAG Annual Review is now available.

3.  The EFRAG calendar has been updated.

Accounting Standards Committee of Germany (ASCG)

1.  The presentation papers and minutes from the 9 May 2011 outreach event hosted by the ASCG and the EFRAG are now available.

Accounting Standards Board of Japan (ASBJ)

1.  The ASBJ has published issue number 20 of the ASBJ Newsletter.

Financial Reporting Standards Board (FRSB)

1.  The AASB and the FRSB have issued standards facilitating mutual recognition of accounting standards in Australia and New Zealand (Press Release).

Accounting Standards Board (ASB)

1.  The May 2011 edition of the ASB newsletter Inside Track is now available.

2.  The latest ASB status report is now available.