International Accounting Standards Board (IASB)

1.  The agenda papers and webcast registration are now available for the 28 July 2011 IASB meeting.  The meeting will discuss the topics of financial instruments and revenue from contracts with customers.

2.  Webcast registration is now available for the 5 August 2011 Financial Instruments Working Group meeting.

3.  The audio from the July 2011 IFRS Trustees meeting is now available.

4.  The July 2011 IASB Update is now available.

5.  The IFRS Interpretations Committee project pages have been updated.

6.  The IASB work plan has been updated.

7.  The IASB calendar has been updated.

Financial Accounting Standards Board (FASB)

1.  The FASB and the IASB have announed their intentions to re-expose their lease accounting proposals (Press Release).

2.  The FASB has issued Accounting Standards Update No. 2011-07 Health Care Entities (Topic 954): Presentation and Disclosure of Patient Service Revenue, Provision for Bad Debts, and the Allowance for Doubtful Accounts for Certain Health Care Entities (a consensus of the FASB Emerging Issues Task Force).

3.  The FASB has improved employer disclosures for multiemployer pension plans (Press Release).

4.  The Action Alert, handout and video from the 13 July 2011 FASB meeting are now available.

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

• 20 July 2011 FASB/IASB joint meeting on Leases;
• 20 July 2011 FASB/IASB joint meeting on Accounting for Financial Instruments: Impairment;
• 21 July 2011 FASB/IASB joint meeting on Leases;
• 21 July 2011 FASB/IASB joint meeting on Insurance Contracts;
• 21 July 2011 FASB/IASB joint meeting on Balance Sheet Offsetting; and
• 21 July 2011 FASB/IASB joint meeting on Effective Dates and Transition Methods.
   

6.  The FASB calendar has been updated.

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


Governmental Accounting Standards Board (GASB)

1.  Registration is now available for the 10 August 2011 GASB webcast, An Overview of the GASB’s New Pension Proposals. 

Asian-Oceanian Standard-Setters Group (AOSSG)

1.  The AOSSG has published its comment letter on the IFRS Foundation Trustees' Strategy Review, IFRSs as the Global Standard: Setting a Strategy for the Foundation’s Second Decade. 

Accounting Standards Board (AcSB)

1.  The Decision Summary from the 13 July 2011 AcSB meeting is now available.

European Financial Reporting Advisory Group (EFRAG)

1.  The EFRAG has issued a letter to the IASB with a report on its outreach activities on the financial statement presentation project (Press Release).

Autorité Des Normes Comptables (ANC)

1. The ANC has published the proceedings of its First Symposium on Accounting Research.

Accounting Standards Committee of Germany (ASCG)

1.  The ASCG has published its comment letter on the IFRS Foundation Trustees' Strategy Review, IFRSs as the Global Standard: Setting a Strategy for the Foundation’s Second Decade.

Accounting Standards Board of Japan (ASBJ)

1.  The ASBJ has issued the July 2011 issue of the ASBJ Newsletter.

Financial Reporting Council (FRC)

1.  The FRC has released a paper reconfirming the importance of the concept of True and Fair.

1.  The Institute of Chartered Accountants of Scotland and the New Zealand Institute of Chartered Accountants have released a report from their joint project focused on reducing the volume of disclosure requirements in IFRSs (Press Release).

2.  The Nigerian adoption of IFRSs has been signed into law (Press Release).