http://www.kpmg.ch/Topics/16682.htm Please find an overview of our IFRS News. de-de Tue, 22 Dec 2009 00:00:00 +0200 Fri, 09 Sep 2011 00:00:00 +0200 http://www.kpmg.ch/publications/20698.htm?WT.mc_id=ch_rss_IFRS_News_EN This issue of In The Headines covers the December meetings of the IASB that took place on 1, 3, 8 and 13 – 17 December. In a number of sessions the IASB held joint discussions with the FASB. http://www.kpmg.ch/publications/20698.htm?WT.mc_id=ch_rss_IFRS_News_EN Tue, 18 Jan 2011 10:00:00 +0200 http://www.kpmg.ch/publications/20604.htm?WT.mc_id=ch_rss_IFRS_News_EN This Briefing Sheet summarises Deferred Tax: Recovery of Underlying Assets – Amendments to IAS 12, which was published by the IASB on 20 December 2010. http://www.kpmg.ch/publications/20604.htm?WT.mc_id=ch_rss_IFRS_News_EN Thu, 23 Dec 2010 10:00:00 +0200 http://www.kpmg.ch/publications/20603.htm?WT.mc_id=ch_rss_IFRS_News_EN This Briefing Sheet summarises the amendments to IFRS 1 First-time Adoption of International Financial Reporting Standards issued by the IASB on 20 December 2010. http://www.kpmg.ch/publications/20603.htm?WT.mc_id=ch_rss_IFRS_News_EN Thu, 23 Dec 2010 10:00:00 +0200 http://www.kpmg.ch/publications/20535.htm?WT.mc_id=ch_rss_IFRS_News_EN This Briefing Sheet serves as a reminder of newly effective standards and standards issued but not yet effective for interim and annual periods ending 31 December 2010. http://www.kpmg.ch/publications/20535.htm?WT.mc_id=ch_rss_IFRS_News_EN Fri, 17 Dec 2010 10:00:00 +0200 http://www.kpmg.ch/publications/20533.htm?WT.mc_id=ch_rss_IFRS_News_EN This Briefing Sheet summarises the IASB’s IFRS Practice Statement Management Commentary (the practice statement), which was published on 8 December 2010. http://www.kpmg.ch/publications/20533.htm?WT.mc_id=ch_rss_IFRS_News_EN Fri, 17 Dec 2010 10:00:00 +0200 http://www.kpmg.ch/publications/20532.htm?WT.mc_id=ch_rss_IFRS_News_EN This Briefing Sheet summarises Exposure Draft ED/2010/13 Hedge Accounting (the ED), which was published by the IASB on 9 December 2010. Comments are due to the IASB by 9 March 2011. http://www.kpmg.ch/publications/20532.htm?WT.mc_id=ch_rss_IFRS_News_EN Fri, 17 Dec 2010 10:00:00 +0200 http://www.kpmg.ch/publications/20426.htm?WT.mc_id=ch_rss_IFRS_News_EN This Briefing Sheet summarises the status of the current projects of the IASB. It reflects the progress report issued jointly by the IASB and the FASB, and the most recent work plan released by the IASB, both published on 29 November 2010. http://www.kpmg.ch/publications/20426.htm?WT.mc_id=ch_rss_IFRS_News_EN Mon, 13 Dec 2010 10:00:00 +0200 http://www.kpmg.ch/publications/20350.htm?WT.mc_id=ch_rss_IFRS_News_EN This Briefing Sheet covers the November 2010 meetings of the IASB. A number of the sessions involved joint discussion with the FASB. http://www.kpmg.ch/publications/20350.htm?WT.mc_id=ch_rss_IFRS_News_EN Fri, 03 Dec 2010 10:00:00 +0200 http://www.kpmg.ch/publications/20273.htm?WT.mc_id=ch_rss_IFRS_News_EN This Briefing Sheet highlights key messages from the Group of Twenty (G20) Seoul Summit on 11 and 12 November 2010. http://www.kpmg.ch/publications/20273.htm?WT.mc_id=ch_rss_IFRS_News_EN Wed, 24 Nov 2010 10:00:00 +0200 http://www.kpmg.ch/publications/20175.htm?WT.mc_id=ch_rss_IFRS_News_EN This Briefing Sheet summarises the paper for public consultation Status of Trustees’ Strategy Review, which was published by the Trustees of the IFRS Foundation on 5 November 2010. Comments are due to the Trustees by 31 December 2010. http://www.kpmg.ch/publications/20175.htm?WT.mc_id=ch_rss_IFRS_News_EN Wed, 10 Nov 2010 10:00:00 +0200 http://www.kpmg.ch/publications/20131.htm?WT.mc_id=ch_rss_IFRS_News_EN This Briefing Sheet covers the October 2010 meetings of the IASB. A number of the sessions involved joint discussion with the FASB. http://www.kpmg.ch/publications/20131.htm?WT.mc_id=ch_rss_IFRS_News_EN Thu, 04 Nov 2010 10:00:00 +0200 http://www.kpmg.ch/publications/20122.htm?WT.mc_id=ch_rss_IFRS_News_EN This Briefing Sheet summarises the requirements for classification and measurement of financial liabilities that were added to IFRS 9 Financial Instruments by the IASB on 28 October 2010. http://www.kpmg.ch/publications/20122.htm?WT.mc_id=ch_rss_IFRS_News_EN Wed, 03 Nov 2010 10:00:00 +0200 http://www.kpmg.ch/publications/20045.htm?WT.mc_id=ch_rss_IFRS_News_EN This Briefing Sheet summarises the Request for Views Effective Dates and Transition Methods (the request for views), which was published by the IASB on 19 October 2010. Comments are due to the IASB by 31 January 2011. http://www.kpmg.ch/publications/20045.htm?WT.mc_id=ch_rss_IFRS_News_EN Tue, 26 Oct 2010 10:00:00 +0200 http://www.kpmg.ch/publications/20025.htm?WT.mc_id=ch_rss_IFRS_News_EN This Briefing Sheet highlights key messages from the European Commission (the Commission) Green Paper Audit Policy: Lessons from the Crisis (the Green Paper). http://www.kpmg.ch/publications/20025.htm?WT.mc_id=ch_rss_IFRS_News_EN Thu, 21 Oct 2010 10:00:00 +0200 http://www.kpmg.ch/publications/19911.htm?WT.mc_id=ch_rss_IFRS_News_EN This Briefing Sheet summarises Disclosures – Transfers of Financial Assets (Amendments to IFRS 7) (the amendments), which was published by the IASB1 on 7 October 2010. http://www.kpmg.ch/publications/19911.htm?WT.mc_id=ch_rss_IFRS_News_EN Wed, 13 Oct 2010 10:00:00 +0200 http://www.kpmg.ch/publications/19840.htm?WT.mc_id=ch_rss_IFRS_News_EN This Briefing Sheet summarises Exposure Draft ED/2010/12 Severe Hyperinflation – Proposed amendment to IFRS 1 (the ED), which was published by the IASB1 on 30 September 2010. Comments are due to the IASB by 30 November 2010. http://www.kpmg.ch/publications/19840.htm?WT.mc_id=ch_rss_IFRS_News_EN Fri, 08 Oct 2010 10:00:00 +0200 http://www.kpmg.ch/publications/19839.htm?WT.mc_id=ch_rss_IFRS_News_DE This Briefing Sheet summarises the control model in the IASB’s staff draft of the forthcoming IFRS Consolidated Financial Statements, which was posted on the IASB’s website on 29 September 2010. http://www.kpmg.ch/publications/19839.htm?WT.mc_id=ch_rss_IFRS_News_DE Fri, 08 Oct 2010 10:00:00 +0200 http://www.kpmg.ch/publications/19805.htm?WT.mc_id=ch_rss_IFRS_News_EN This Briefing Sheet provides an overview of Chapter 1: The objective of general purpose financial reporting and Chapter 3: Qualitative characteristics of useful financial information of the Conceptual Framework for Financial Reporting (the conceptual framework) released on 28 September 2010. http://www.kpmg.ch/publications/19805.htm?WT.mc_id=ch_rss_IFRS_News_EN Fri, 01 Oct 2010 10:00:00 +0200 http://www.kpmg.ch/publications/19797.htm?WT.mc_id=ch_rss_IFRS_News_EN This Briefing Sheet covers the September 2010 meetings of the International Accounting Standards Board (IASB). A number of the sessions involved joint discussion with the FASB. http://www.kpmg.ch/publications/19797.htm?WT.mc_id=ch_rss_IFRS_News_EN Fri, 01 Oct 2010 10:00:00 +0200 http://www.kpmg.ch/publications/19697.htm?WT.mc_id=ch_rss_IFRS_News_EN This Briefing Sheet summarises the recent announcement of agreement by the global banking regulators on proposals for new capital requirements for financial institutions. http://www.kpmg.ch/publications/19697.htm?WT.mc_id=ch_rss_IFRS_News_EN Wed, 22 Sep 2010 10:00:00 +0200 http://www.kpmg.ch/publications/19641.htm?WT.mc_id=ch_rss_IFRS_News_EN This Briefing Sheet serves as a reminder of newly effective standards and standards issued but not yet effective for interim and annual periods ending 30 September 2010. http://www.kpmg.ch/publications/19641.htm?WT.mc_id=ch_rss_IFRS_News_EN Fri, 17 Sep 2010 10:00:00 +0200 http://www.kpmg.ch/publications/19640.htm?WT.mc_id=ch_rss_IFRS_News_EN This Briefing Sheet summarises the IASB’s Exposure Draft ED/2010/11 Deferred Tax: Recovery of Underlying Assets – Proposed amendments to IAS 12 (the 2010 ED), which was published on 10 September 2010. Comments are due to the IASB by 9 November 2010. http://www.kpmg.ch/publications/19640.htm?WT.mc_id=ch_rss_IFRS_News_EN Fri, 17 Sep 2010 10:00:00 +0200 http://www.kpmg.ch/publications/19574.htm?WT.mc_id=ch_rss_IFRS_News_EN This Briefing Sheet summarises the IFRS Foundation’s The annual improvements process: Proposals to amend the Due Process Handbook for the IASB, which was published on 31 August 2010. Comments are due to the IFRS Foundation by 30 November 2010. http://www.kpmg.ch/publications/19574.htm?WT.mc_id=ch_rss_IFRS_News_EN Thu, 09 Sep 2010 10:00:00 +0200 http://www.kpmg.ch/publications/19484.htm?WT.mc_id=ch_rss_IFRS_News_EN This Briefing Sheet summarises Draft Interpretation DI/2010/1 Stripping Costs in the Production Phase of a Surface Mine, which was published by the IASB on 26 August 2010. Comments are due to the IFRS Interpretations Committee by 30 November 2010. http://www.kpmg.ch/publications/19484.htm?WT.mc_id=ch_rss_IFRS_News_EN Mon, 30 Aug 2010 10:00:00 +0200 http://www.kpmg.ch/publications/19483.htm?WT.mc_id=ch_rss_IFRS_News_EN This Briefing Sheet summarises the IASB’s Exposure Draft ED/2010/10 Removal of Fixed Dates for First-time Adopters – Proposed amendments to IFRS 1 (the ED), which was published on 26 August 2010. Comments are due to the IASB by 27 October 2010. http://www.kpmg.ch/publications/19483.htm?WT.mc_id=ch_rss_IFRS_News_EN Mon, 30 Aug 2010 10:00:00 +0200 http://www.kpmg.ch/publications/19447.htm?WT.mc_id=ch_rss_IFRS_News_EN This Briefing Sheet summarises the IASB’s and FASB’s (together the Boards) exposure drafts ED/2010/9 Leases (the ED), which was published on 17 August 2010. Comments are due to the IASB by 5 December 2010. http://www.kpmg.ch/publications/19447.htm?WT.mc_id=ch_rss_IFRS_News_EN Mon, 23 Aug 2010 10:00:00 +0200 http://www.kpmg.ch/publications/19338.htm?WT.mc_id=ch_rss_IFRS_News_EN This Briefing Sheet covers both the July 2010 and early August 2010 meetings of the International Accounting Standards Board (IASB). A number of the sessions involved joint discussion with the US Financial Accounting Standards Board (FASB). http://www.kpmg.ch/publications/19338.htm?WT.mc_id=ch_rss_IFRS_News_EN Wed, 11 Aug 2010 10:00:00 +0200 http://www.kpmg.ch/publications/19302.htm?WT.mc_id=ch_rss_IFRS_News_EN This Briefing Sheet summarises the IASB’s exposure draft ED/2010/8 Insurance Contracts, which was published on 30 July 2010. Comments are due to the IASB by 30 November 2010. http://www.kpmg.ch/publications/19302.htm?WT.mc_id=ch_rss_IFRS_News_EN Mon, 09 Aug 2010 10:00:00 +0200 http://www.kpmg.ch/publications/19261.htm?WT.mc_id=ch_rss_IFRS_News_EN This Briefing Sheet describes the Financial Stability Board’s (FSB) invitation for feedback on risk disclosure practices. http://www.kpmg.ch/publications/19261.htm?WT.mc_id=ch_rss_IFRS_News_EN Thu, 29 Jul 2010 10:00:00 +0200 http://www.kpmg.ch/publications/19205.htm?WT.mc_id=ch_rss_IFRS_News_EN This Briefing Sheet highlights key messages from the European Commission green paper Corporate governance in financial institutions and remuneration policies. http://www.kpmg.ch/publications/19205.htm?WT.mc_id=ch_rss_IFRS_News_EN Wed, 21 Jul 2010 10:00:00 +0200 http://www.kpmg.ch/publications/19204.htm?WT.mc_id=ch_rss_IFRS_News_EN This Briefing Sheet summarises the main issues outlined in a document prepared by a team of participating IASB members and staff based on input from the Expert Advisory Panel (the Panel) on the exposure draft ED/2009/12 Financial Instruments: Amortised Cost and Impairment (the ED). http://www.kpmg.ch/publications/19204.htm?WT.mc_id=ch_rss_IFRS_News_EN Wed, 21 Jul 2010 10:00:00 +0200 http://www.kpmg.ch/publications/19153.htm?WT.mc_id=ch_rss_IFRS_News_EN In the exposure draft ED/2010/6 Revenue from Contracts with Customers the IASB and the FASB propose a new model for revenue recognition. This will impact the revenue recognition of various fees earned by entities in the financial sector. Commission, underwriting, advisory and consulting fees, which represent a significant source of revenue for investment banks are likely to be impacted. In respect of asset managers the proposed model in the ED is expected to have an impact on the recognition of performance fees. Entities in the financial services industry are encouraged to join in the debate and to provide the IASB with their comments prior to the deadline of 22 October 2010. http://www.kpmg.ch/publications/19153.htm?WT.mc_id=ch_rss_IFRS_News_EN Mon, 19 Jul 2010 10:00:00 +0200 http://www.kpmg.ch/publications/19150.htm?WT.mc_id=ch_rss_IFRS_News_EN KPMG's forth annual European banking survey: Focus on transparency analyses the 2009 annual results of the 15 leading European banks. It provides a view of disclosure trends as well as how disclosures shape market issues currently affecting the banks. Focus on transparency provides insight into the banks’ annual reporting, gives a flavour of the results, and what they mean in terms of underlying performance, financial health and capital position within the sector. http://www.kpmg.ch/publications/19150.htm?WT.mc_id=ch_rss_IFRS_News_EN Mon, 19 Jul 2010 10:00:00 +0200 http://www.kpmg.ch/publications/19154.htm?WT.mc_id=ch_rss_IFRS_News_EN KPMG’s latest edition of Insurance Reporting Round-up presents a review of the results presented in the 2009 financial statements of major European insurance groups. This full year review follows on from the half-year report published in October 2009. The topics covered in this publication includes: a review of financial metrics, a look at current practice for reporting key performance indicators, solvency and capital, embedded value reporting, impairments and intangibles and disclosures. http://www.kpmg.ch/publications/19154.htm?WT.mc_id=ch_rss_IFRS_News_EN Mon, 19 Jul 2010 10:00:00 +0200 http://www.kpmg.ch/publications/19128.htm?WT.mc_id=ch_rss_IFRS_News_EN This Briefing Sheet covers the June 2010 meetings of the Accounting Standards Board (IASB). A number of the sessions involved joint discussion with the US Financial Accounting Standards Board (FASB) (together referred to as the Boards). http://www.kpmg.ch/publications/19128.htm?WT.mc_id=ch_rss_IFRS_News_EN Fri, 16 Jul 2010 10:00:00 +0200 http://www.kpmg.ch/publications/19094.htm?WT.mc_id=ch_rss_IFRS_News_EN This Briefing Sheet summarises the main proposals in the International Accounting Standards Board’s (IASB’s) and US Financial Accounting Standards Board’s (FASB’s) staff draft of exposure draft Financial Statement Presentation (the staff draft), which was published on 1 July 2010. http://www.kpmg.ch/publications/19094.htm?WT.mc_id=ch_rss_IFRS_News_EN Wed, 14 Jul 2010 10:00:00 +0200 http://www.kpmg.ch/publications/19093.htm?WT.mc_id=ch_rss_IFRS_News_EN The purpose of this Briefing Sheet is to review and summarise the status of the International Accounting Standards Board’s (IASB’s) and the US Financial Accounting Standards Board’s (FASB’s) proposals to improve and simplify accounting for financial instruments and other closely related topics. http://www.kpmg.ch/publications/19093.htm?WT.mc_id=ch_rss_IFRS_News_EN Wed, 14 Jul 2010 10:00:00 +0200 http://www.kpmg.ch/publications/18994.htm?WT.mc_id=ch_rss_IFRS_News_EN This Briefing Sheet highlights key messages from the Group of Twenty (G20) Toronto Summit on 26 and 27 June 2010. http://www.kpmg.ch/publications/18994.htm?WT.mc_id=ch_rss_IFRS_News_EN Tue, 06 Jul 2010 10:00:00 +0200 http://www.kpmg.ch/publications/18976.htm?WT.mc_id=ch_rss_IFRS_News_EN This Briefing Sheet summarises the International Accounting Standards Board’s (IASB) exposure draft ED/2010/7 Measurement Uncertainty Analysis Disclosure for Fair Value Measurements – Limited re-exposure of proposed disclosure (the 2010 ED), which was published on 29 June 2010. Comments are due to the IASB by 7 September 2010. http://www.kpmg.ch/publications/18976.htm?WT.mc_id=ch_rss_IFRS_News_EN Mon, 05 Jul 2010 10:00:00 +0200 http://www.kpmg.ch/publications/18938.htm?WT.mc_id=ch_rss_IFRS_News_EN This Briefing Sheet summarises the status of the current projects of the International Accounting Standards Board (IASB). It reflects recent discussions at joint meetings with the US Financial Accounting Standards Board (FASB), together referred to as the Boards, and the most recent timetable released by the IASB on 25 June 2010. http://www.kpmg.ch/publications/18938.htm?WT.mc_id=ch_rss_IFRS_News_EN Thu, 01 Jul 2010 10:00:00 +0200 http://www.kpmg.ch/publications/18900.htm?WT.mc_id=ch_rss_IFRS_News_EN This Briefing Sheet highlights the matters discussed by the International Accounting Standards Board’s (IASB) Expert Advisory Panel (the Panel) at their meeting held on 21 - 22 June 2010. http://www.kpmg.ch/publications/18900.htm?WT.mc_id=ch_rss_IFRS_News_EN Tue, 29 Jun 2010 10:00:00 +0200 http://www.kpmg.ch/publications/18899.htm?WT.mc_id=ch_rss_IFRS_News_EN This Briefing Sheet summarises the International Accounting Standards Board’s (IASB) and US Financial Accounting Standards Board’s (FASB) (together the Boards) Exposure Draft ED/2010/6 Revenue from Contracts with Customers (the ED), which was published on 24 June 2010. Comments are due to the IASB by 22 October 2010. http://www.kpmg.ch/publications/18899.htm?WT.mc_id=ch_rss_IFRS_News_EN Tue, 29 Jun 2010 10:00:00 +0200 http://www.kpmg.ch/publications/18818.htm?WT.mc_id=ch_rss_IFRS_News_EN This Briefing Sheet serves as a reminder of newly effective standards and standards issued but not yet effective for interim and annual periods ending 30 June 2010. http://www.kpmg.ch/publications/18818.htm?WT.mc_id=ch_rss_IFRS_News_EN Tue, 15 Jun 2010 10:00:00 +0200 http://www.kpmg.ch/publications/18705.htm?WT.mc_id=ch_rss_IFRS_News_EN This Briefing Sheet provides an update on the joint statement issued on 2 June 2010 by the International Accounting Standards Board (IASB) and the US Financial Accounting Standards Board (FASB) (together, the Boards) to revise their joint work programme to improve IFRSs and US GAAP. http://www.kpmg.ch/publications/18705.htm?WT.mc_id=ch_rss_IFRS_News_EN Mon, 07 Jun 2010 10:00:00 +0200 http://www.kpmg.ch/publications/18704.htm?WT.mc_id=ch_rss_IFRS_News_EN This Briefing Sheet summarises the International Valuation Standards Council’s (IVSC) Exposure Draft Proposed New International Valuation Standards (proposed IVS), which was published on 2 June 2010. Comments are due to the IVSC by 3 September 2010. http://www.kpmg.ch/publications/18704.htm?WT.mc_id=ch_rss_IFRS_News_EN Mon, 07 Jun 2010 10:00:00 +0200 http://www.kpmg.ch/publications/18668.htm?WT.mc_id=ch_rss_IFRS_News_EN This Briefing Sheet covers the May 2010 meetings of the International Accounting Standards Board (IASB). A number of the sessions involved joint discussion with the US Financial Accounting Standards Board (FASB) (together referred to as the Boards). http://www.kpmg.ch/publications/18668.htm?WT.mc_id=ch_rss_IFRS_News_EN Wed, 02 Jun 2010 10:00:00 +0200 http://www.kpmg.ch/publications/18663.htm?WT.mc_id=ch_rss_IFRS_News_EN This Briefing Sheet highlights the matters discussed by the International Accounting Standards Board’s (IASB) Expert Advisory Panel (the Panel) at their meeting held on 24 – 25 May 2010. http://www.kpmg.ch/publications/18663.htm?WT.mc_id=ch_rss_IFRS_News_EN Mon, 31 May 2010 10:00:00 +0200 http://www.kpmg.ch/publications/18662.htm?WT.mc_id=ch_rss_IFRS_News_EN This Briefing Sheet summarises the International Accounting Standards Board’s (IASB or Board) Exposure Draft ED/2010/5 Presentation of Items of Other Comprehensive Income – Proposed amendments to IAS 1 (the exposure draft), which was published on 27 May 2010. Comments are due to the IASB by 30 September 2010. http://www.kpmg.ch/publications/18662.htm?WT.mc_id=ch_rss_IFRS_News_EN Mon, 31 May 2010 10:00:00 +0200 http://www.kpmg.ch/publications/18644.htm?WT.mc_id=ch_rss_IFRS_News_EN This edition of New on the Horizon considers the proposed requirements of ED/2010/4 Fair Value Option for Financial Liabilities (ED), which was published on 11 May 2010. The text of this publication is referenced to the ED and to selected other current IFRSs in issue at 11 May 2010. http://www.kpmg.ch/publications/18644.htm?WT.mc_id=ch_rss_IFRS_News_EN Thu, 27 May 2010 10:00:00 +0200 http://www.kpmg.ch/publications/18643.htm?WT.mc_id=ch_rss_IFRS_News_EN This New on the Horizon considers the proposed requirements of ED/2010/3 Defined Benefit Plans – Proposed Amendments to IAS 19, which was published on 29 April 2010. The text of this publication is referenced to the ED and to selected other current IFRSs in issue at 30 April 2010. http://www.kpmg.ch/publications/18643.htm?WT.mc_id=ch_rss_IFRS_News_EN Thu, 27 May 2010 10:00:00 +0200 http://www.kpmg.ch/publications/18642.htm?WT.mc_id=ch_rss_IFRS_News_EN This edition of IFRS Practice Issues considers the requirements of IFRS 3 in respect of share-based payment awards that are replaced in a business combination. In addition, this publication addresses the guidance in respect of share-based payment that are replaced voluntarily or not replaced as part of a business combination, included in the Improvements to IFRS. http://www.kpmg.ch/publications/18642.htm?WT.mc_id=ch_rss_IFRS_News_EN Thu, 27 May 2010 10:00:00 +0200 http://www.kpmg.ch/publications/18589.htm?WT.mc_id=ch_rss_IFRS_News_EN This Briefing Sheet summarises the International Accounting Standards Board (IASB or Board) Improvements to IFRSs (2010 Improvements), which was published on 6 May 2010. http://www.kpmg.ch/publications/18589.htm?WT.mc_id=ch_rss_IFRS_News_EN Tue, 18 May 2010 10:00:00 +0200 http://www.kpmg.ch/publications/18588.htm?WT.mc_id=ch_rss_IFRS_News_EN This Briefing Sheet summarises the International Accounting Standards Board’s (IASB or Board) Exposure Draft ED/2010/4 Fair Value Option for Financial Liabilities (the ED), which was published on 11 May 2010. Comments are due to the IASB by 16 July 2010. http://www.kpmg.ch/publications/18588.htm?WT.mc_id=ch_rss_IFRS_News_EN Tue, 18 May 2010 10:00:00 +0200 http://www.kpmg.ch/publications/18470.htm?WT.mc_id=ch_rss_IFRS_News_EN This Briefing Sheet covers the April 2010 meetings of the International Accounting Standards Board (IASB). A number of the sessions involved joint discussion with the US Financial Accounting Standards Board (FASB) (together referred to as the Boards). http://www.kpmg.ch/publications/18470.htm?WT.mc_id=ch_rss_IFRS_News_EN Wed, 05 May 2010 10:00:00 +0200 http://www.kpmg.ch/publications/18469.htm?WT.mc_id=ch_rss_IFRS_News_EN This Briefing Sheet summarises the International Accounting Standards Board’s (IASB or Board) Exposure Draft ED/2010/3 Defined Benefit Plans – Proposed Amendments to IAS 19 (the ED), which was published on 29 April 2010. Comments are due to the IASB by 6 September 2010. http://www.kpmg.ch/publications/18469.htm?WT.mc_id=ch_rss_IFRS_News_EN Wed, 05 May 2010 10:00:00 +0200 http://www.kpmg.ch/publications/18468.htm?WT.mc_id=ch_rss_IFRS_News_EN This Briefing Sheet highlights the matters discussed by the International Accounting Standards Board’s (IASB) Expert Advisory Panel (the Panel) at their meeting held on 26 – 27 April 2010. http://www.kpmg.ch/publications/18468.htm?WT.mc_id=ch_rss_IFRS_News_EN Wed, 05 May 2010 10:00:00 +0200 http://www.kpmg.ch/publications/18365.htm?WT.mc_id=ch_rss_IFRS_News_EN This Briefing Sheet summarises the progress of the projects that are part of the Memorandum of the Understanding between the International Accounting Standards Board and the US Financial Accounting Standards Board, together referred to as the Boards. This Briefing Sheet also reports key items from the recent meeting of the IFRS Foundation trustees and the Monitoring Board. http://www.kpmg.ch/publications/18365.htm?WT.mc_id=ch_rss_IFRS_News_EN Fri, 23 Apr 2010 10:00:00 +0200 http://www.kpmg.ch/publications/18293.htm?WT.mc_id=ch_rss_IFRS_News_EN This Briefing Sheet provides an overview of the Discussion Paper (DP) Extractive Activities, which was published by the International Accounting Standard Board (IASB or the Board) on 6 April 2010. http://www.kpmg.ch/publications/18293.htm?WT.mc_id=ch_rss_IFRS_News_EN Fri, 16 Apr 2010 10:00:00 +0200 http://www.kpmg.ch/publications/18193.htm?WT.mc_id=ch_rss_IFRS_News_EN This Briefing Sheet highlights the matters discussed by the International Accounting Standards Board’s (IASB) Expert Advisory Panel (the Panel) at their meeting held on 24 – 25 March 2010. http://www.kpmg.ch/publications/18193.htm?WT.mc_id=ch_rss_IFRS_News_EN Tue, 06 Apr 2010 10:00:00 +0200 http://www.kpmg.ch/publications/18192.htm?WT.mc_id=ch_rss_IFRS_News_EN This Briefing Sheet covers the March 2010 meetings of the International Accounting Standards Board (IASB). A number of the sessions involved joint discussion with the US Financial Accounting Standards Board (FASB) (together referred to as the Boards). http://www.kpmg.ch/publications/18192.htm?WT.mc_id=ch_rss_IFRS_News_EN Tue, 06 Apr 2010 10:00:00 +0200 http://www.kpmg.ch/publications/17929.htm?WT.mc_id=ch_rss_IFRS_News_EN This Briefing Sheet summarises the International Accounting Standards Board’s (IASB) Exposure Draft Conceptual Framework for Financial Reporting – The Reporting Entity (ED), which was published on 11 March 2010. Comments are due to the IASB by 16 July 2010. This ED proposes to describe a reporting entity and to provide a high-level definition of control for the purpose of clarifying who should present consolidated financial statements. The ED also discusses other types of financial statements that may be presented. The ED is the result of phase D of the joint conceptual framework project conducted by the IASB and the US Financial Accounting Standards Board (collectively the Boards). http://www.kpmg.ch/publications/17929.htm?WT.mc_id=ch_rss_IFRS_News_EN Tue, 16 Mrz 2010 10:00:00 +0200 http://www.kpmg.ch/publications/17928.htm?WT.mc_id=ch_rss_IFRS_News_EN This Briefing Sheet summarises the status of the current projects of the International Accounting Standards Board (IASB). It reflects discussions of the IASB up to and including those that took place at the February 2010 IASB and joint meetings with the US Financial Accounting Standards Board (FASB), together referred to as the Boards, and the most recent timetable released by the IASB on 4 March. The project summaries that follow provide an overview of each project, including the major areas of existing IFRSs that may be affected by the project, highlight convergence issues if applicable and identify IASB documents related to the project and the latest estimates of the timing to completion. http://www.kpmg.ch/publications/17928.htm?WT.mc_id=ch_rss_IFRS_News_EN Tue, 16 Mrz 2010 10:00:00 +0200 http://www.kpmg.ch/publications/17842.htm?WT.mc_id=ch_rss_IFRS_News_EN This Briefing Sheet highlights the matters discussed by the International Accounting Standards Board’s (IASB) Expert Advisory Panel (the Panel) at their meeting held on 25 – 26 February 2010. http://www.kpmg.ch/publications/17842.htm?WT.mc_id=ch_rss_IFRS_News_EN Tue, 09 Mrz 2010 10:00:00 +0200 http://www.kpmg.ch/publications/17841.htm?WT.mc_id=ch_rss_IFRS_News_EN This Briefing Sheet covers the February 2010 meetings of the International Accounting Standards Board (IASB or Board). A number of the sessions involved joint discussion with the US Financial Accounting Standards Board (FASB) (together referred to as the Boards). http://www.kpmg.ch/publications/17841.htm?WT.mc_id=ch_rss_IFRS_News_EN Tue, 09 Mrz 2010 10:00:00 +0200 http://www.kpmg.ch/publications/17509.htm?WT.mc_id=ch_rss_IFRS_News_EN On 15 February 2010 the International Accounting Standards Committee (IASC) Foundation announced amendments to its Constitution as part of the second phase of its Constitution Review. The objectives of the amendments include enhancing the public accountability of the IASC Foundation, stakeholder engagement and operational effectiveness. In addition to the amendments to the Constitution, the Trustees of the IASC Foundation (the Trustees) announced their intention to undertake several reviews starting in 2010. http://www.kpmg.ch/publications/17509.htm?WT.mc_id=ch_rss_IFRS_News_EN Fri, 19 Feb 2010 10:00:00 +0200 http://www.kpmg.ch/publications/17508.htm?WT.mc_id=ch_rss_IFRS_News_EN This Briefing Sheet serves as a reminder of newly effective standards and standards issued but not yet effective for interim and annual periods ending 31 March 2010. http://www.kpmg.ch/publications/17508.htm?WT.mc_id=ch_rss_IFRS_News_EN Fri, 19 Feb 2010 10:00:00 +0200 http://www.kpmg.ch/publications/17358.htm?WT.mc_id=ch_rss_IFRS_News_EN This Briefing Sheet summarises the International Accounting Standards Board’s (IASB or Board) Limited Exemption from Comparative IFRS 7 Disclosures for First-time Adopters – Amendment to IFRS 1, which was published on 28 January 2010. http://www.kpmg.ch/publications/17358.htm?WT.mc_id=ch_rss_IFRS_News_EN Tue, 02 Feb 2010 10:00:00 +0200 http://www.kpmg.ch/publications/17357.htm?WT.mc_id=ch_rss_IFRS_News_EN This Briefing Sheet covers the January 2010 meetings of the International Accounting Standards Board (IASB or Board). A number of the sessions involved joint discussion with the US Financial Accounting Standards Board (FASB) (together referred to as the Boards). http://www.kpmg.ch/publications/17357.htm?WT.mc_id=ch_rss_IFRS_News_EN Tue, 02 Feb 2010 10:00:00 +0200 http://www.kpmg.ch/publications/17079.htm?WT.mc_id=ch_rss_IFRS_News_EN This Briefing Sheet summarizes the International Accounting Standards Board’s (IASB or Board) Exposure Draft Measurement of Liabilities in IAS 37 – Proposed amendments to IAS 37 (the 2010 ED), which was published on 5 January 2010. Comments are due to the IASB by 12 April 2010. http://www.kpmg.ch/publications/17079.htm?WT.mc_id=ch_rss_IFRS_News_EN Tue, 12 Jan 2010 10:00:00 +0200 http://www.kpmg.ch/publications/16961.htm?WT.mc_id=ch_rss_IFRS_News_EN This Briefing Sheet highlights the formation, purpose and function of the Expert Advisory Panel, which met for the first time in December 2009. http://www.kpmg.ch/publications/16961.htm?WT.mc_id=ch_rss_IFRS_News_EN Wed, 06 Jan 2010 10:00:00 +0200 http://www.kpmg.ch/publications/16962.htm?WT.mc_id=ch_rss_IFRS_News_EN This issue of IFRS in Brief covers the December 2009 meeting of the International Accounting Standards Board; a number of the sessions involved joint discussion with the U.S. Financial Accounting Standards Board. http://www.kpmg.ch/publications/16962.htm?WT.mc_id=ch_rss_IFRS_News_EN Wed, 06 Jan 2010 10:00:00 +0200 http://www.kpmg.ch/publications/17094.htm?WT.mc_id=ch_rss_IFRS_News_EN This issue of IFRS in Brief covers the November 2009 meeting of the International Accounting Standards Board (IASB or Board); a number of the sessions involved joint discussion with the U.S. Financial Accounting Standards Board (FASB) (together, the Boards). http://www.kpmg.ch/publications/17094.htm?WT.mc_id=ch_rss_IFRS_News_EN Sat, 05 Dec 2009 10:00:00 +0200 http://www.kpmg.ch/publications/16960.htm?WT.mc_id=ch_rss_IFRS_News_EN This Briefing Sheet highlights key messages from the Financial Crisis Advisory Group meeting on 15 December 2009. http://www.kpmg.ch/publications/16960.htm?WT.mc_id=ch_rss_IFRS_News_EN Wed, 06 Jan 2010 10:00:00 +0200 http://www.kpmg.ch/publications/16847.htm?WT.mc_id=ch_rss_IFRS_News_EN This Briefing Sheet serves as a reminder of newly effective standards and standards issued but not yet effective for interim and annual periods ending 31 December 2009. http://www.kpmg.ch/publications/16847.htm?WT.mc_id=ch_rss_IFRS_News_EN Wed, 06 Jan 2010 10:00:00 +0200 http://www.kpmg.ch/publications/16653.htm?WT.mc_id=ch_rss_IFRS_News_EN This IFRS Briefing Sheet summarizes the International Accounting Standard Board’s (IASB or Board) Prepayments of a Minimum Funding Requirement (Amendments to IFRIC 14: IAS 19 – The Limit on a Defined Benefit Asset, Minimum Funding Requirements and their Interaction), which was published on 26 November 2009. http://www.kpmg.ch/publications/16653.htm?WT.mc_id=ch_rss_IFRS_News_EN Wed, 18 Nov 2009 10:00:00 +0200 http://www.kpmg.ch/publications/16652.htm?WT.mc_id=ch_rss_IFRS_News_EN This IFRS Briefing Sheet summarizes the International Financial Reporting Interpretations Committee’s (IFRIC) Interpretation 19 Extinguishing Financial Liabilities with Equity Instruments, which was issued on 26 November 2009. http://www.kpmg.ch/publications/16652.htm?WT.mc_id=ch_rss_IFRS_News_EN Tue, 17 Nov 2009 10:00:00 +0200 http://www.kpmg.ch/publications/16651.htm?WT.mc_id=ch_rss_IFRS_News_EN This IFRS Briefing Sheet summarizes the International Accounting Standards Board’s (IASB or Board) ED Limited Exemption from Comparative IFRS 7 Disclosures for First-time Adopters – Proposed Amendment to IFRS 1, which was published on 26 November 2009. http://www.kpmg.ch/publications/16651.htm?WT.mc_id=ch_rss_IFRS_News_EN Mon, 16 Nov 2009 10:00:00 +0200 http://www.kpmg.ch/publications/16966.htm?WT.mc_id=ch_rss_IFRS_News_EN This IFRS Briefing Sheet summarises the status of the current projects of the International Accounting Standards Board. It reflects significant discussions of the IASB up to and including those that took place at its October 2009 meetings. http://www.kpmg.ch/publications/16966.htm?WT.mc_id=ch_rss_IFRS_News_EN Fri, 13 Nov 2009 10:00:00 +0200 http://www.kpmg.ch/publications/16667.htm?WT.mc_id=ch_rss_IFRS_News_EN This IFRS Briefing Sheet summarises the International Accounting Standard Board’s (IASB or Board) IFRS 9 Financial Instruments, which was published on 12 November 2009. http://www.kpmg.ch/publications/16667.htm?WT.mc_id=ch_rss_IFRS_News_EN Thu, 12 Nov 2009 10:00:00 +0200 http://www.kpmg.ch/publications/16654.htm?WT.mc_id=ch_rss_IFRS_News_EN This IFRS Briefing Sheet summarises the International Accounting Standard Board’s Exposure Draft Financial Instruments: Amortised Cost and Impairment, which was published on 5 November 2009. Comments are due by 30 June 2010. http://www.kpmg.ch/publications/16654.htm?WT.mc_id=ch_rss_IFRS_News_EN Thu, 05 Nov 2009 10:00:00 +0200 http://www.kpmg.ch/publications/16965.htm?WT.mc_id=ch_rss_IFRS_News_EN This IFRS Briefing Sheet summarises the International Accounting Standard Board’s IAS 24 Related Party Disclosures (revised 2009). http://www.kpmg.ch/publications/16965.htm?WT.mc_id=ch_rss_IFRS_News_EN Wed, 18 Nov 2009 10:00:00 +0200 http://www.kpmg.ch/publications/16655.htm?WT.mc_id=ch_rss_IFRS_News_EN This issue of IFRS in Brief covers the 19-23 October 2009 meeting and the two additional meetings on 6 and 15-16 October 2009 of the International Accounting Standards Board and the 26-28 October 2009 joint meeting of the IASB and the U.S. Financial Accounting Standards Board. http://www.kpmg.ch/publications/16655.htm?WT.mc_id=ch_rss_IFRS_News_EN Sat, 21 Nov 2009 10:00:00 +0200 http://www.kpmg.ch/publications/16663.htm?WT.mc_id=ch_rss_IFRS_News_EN This IFRS Briefing Sheet summarises the International Accounting Standard Board’s Classification of Rights Issues – Amendment to IAS 32 Financial Instruments: Presentation, which was published on 8 October 2009. http://www.kpmg.ch/publications/16663.htm?WT.mc_id=ch_rss_IFRS_News_EN Thu, 08 Oct 2009 10:00:00 +0200 http://www.kpmg.ch/publications/16661.htm?WT.mc_id=ch_rss_IFRS_News_EN This IFRS Briefing Sheet highlights key messages from the Group of Twenty (G20) Pittsburgh Summit on 24 and 25 September 2009. http://www.kpmg.ch/publications/16661.htm?WT.mc_id=ch_rss_IFRS_News_EN Fri, 04 Dec 2009 10:00:00 +0200 http://www.kpmg.ch/publications/16658.htm?WT.mc_id=ch_rss_IFRS_News_EN This IFRS Briefing Sheet summarises the International Accounting Standards Committee Foundation’s document Part 2 of the Constitution Review – Proposals for Enhanced Public Accountability, which were issued by the Trustees of the IASC Foundation on 9 September 2009. Comments are due by 30 November 2009. http://www.kpmg.ch/publications/16658.htm?WT.mc_id=ch_rss_IFRS_News_EN Thu, 03 Dec 2009 10:00:00 +0200 http://www.kpmg.ch/publications/16657.htm?WT.mc_id=ch_rss_IFRS_News_EN This IFRS Briefing Sheet serves as an IFRS reminder for interim and annual periods ending 30 September 2009 and should be read in conjunction with IFRS Briefing Sheet – Issue 138. http://www.kpmg.ch/publications/16657.htm?WT.mc_id=ch_rss_IFRS_News_EN Wed, 02 Sep 2009 10:00:00 +0200 http://www.kpmg.ch/publications/16656.htm?WT.mc_id=ch_rss_IFRS_News_EN This IFRS Briefing Sheet summarises the International Accounting Standards Board’s Exposure Draft Improvements to International Financial Reporting Standards (Improvements to IFRSs), which was published on 26 August 2010. Comments are due by 24 November 2009. http://www.kpmg.ch/publications/16656.htm?WT.mc_id=ch_rss_IFRS_News_EN Tue, 01 Sep 2009 10:00:00 +0200