Global Standards for the world economy

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February 2017 podcast: IASB Chair and Vice-Chair discuss latest decisions

 28 February 2017

A new podcast is now available, featuring Hans Hoogervorst and Sue Lloyd, Chair and Vice-Chair of the International Accounting Standards Board (the Board), together with IASB Education Director Matt Tilling.

In the February podcast, Hans and Sue summarise topics discussed at the February Board meeting, which took place on 22-23 February 2017. In addition, Hans provides an update on the recent meeting between the Board, the IFRS Foundation Trustees and the IFRS Foundation Monitoring Board, which took place in Paris at the very beginning of February. They also include an update on other events ahead.

Technical topics covered in the podcast include:

  • Feedback on the recent consultation on proposed changes to the definition of a business (IFRS 3);
  • The Board’s discussions on how to account for rate-regulated activities;
  • The comment period for the forthcoming proposed narrow-scope amendment to IFRS 9 regarding contracts with symmetric prepayment options; and
  • The February ‘sweep issues discussion’ on the new insurance contracts Standard, following an external review of the draft Standard to ensure the wording is clear.

Click here to listen to the podcast.

You can also sign up to receive the monthly podcasts on iTunes.

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