IASB Update - Meeting on February 1 and 2 in London

IFRS

http://media.iasb.org/IASBUpdate1and2Feb2011.html

For leases, the staff used two cases to help the boards focus on the factors that are critical to distinguishing the lease of an asset from a contract for services.

For revenue recognition the boards discussed warranties and acquisition costs.

The insurance contracts team also presented its analysis for acquisition costs so that the boards could consider this topic at the same time for both the revenue recognition and the leases projects.

The boards have identified several topics that affect all of the revenue recognition, leases and insurance contracts projects.

(These are called cross-cutting issues.) The staff and boards are ensuring that those topics are considered in a consistent manner.


FASBとIASBのJoint Board Meeting では、

  • Insurance contracts
  • Leases
  • Revenue recognition

について話し合ったとのこと。