View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. News
April 30, 2012

IASB defers IFRS 3 post-implementation review

The International Accounting Standards Board (IASB) has deferred the timing for the post-implementation review of IFRS 3.

In an update of its work plan, the standard-setter said the post-implementation review of IFRS 3, Business Combinations, will be initiated after the third quarter of 2012 and not in the expected second quarter.

The update also outlined other projects it expects to implement by the end of June 2012.

These include:

  • Finalised pronouncements from the annual improvements project and the proposed amendments to the transitional requirements in IFRS 10 Consolidated Financial Statements,
  • Review draft of the general hedge accounting chapter of IFRS 9 Financial Instruments,
  • Exposure draft arising from the annual improvements project
  • Feedback statement from the IASB’s agenda consultation 2011, and
  • Request for views arising from the post-implementation review of IFRS 8 Operating Segments.

 

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. A roundup of the latest news and analysis, sent every Wednesday.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to International Accounting Bulletin