IASB September 2008
18 September 2008
The Board continued its discussion of fair value measurement, focusing on highest and best use and blockage factors.
IASB July 2008
25 July 2008
The Board has completed the first phase of the standard-by-standard review of fair value measurements currently required or permitted in IFRSs to assess whether the IASB/IASC intended each fair value measurement basis to be a current exit price.
IASB June 2008
16 June 2008
The Board clarified the scope of the fair value measurement project in the light of the discussions at the joint IASB-FASB meeting in April 2008.
IASB May 2008
21 May 2008
The Board announced its plans for forming an expert advisory panel, as recommended in the report of the Financial Stability Forum (FSF), Report of the Financial Stability Forum on Enhancing Market and Institutional Resilience.
IASB April 2008
18 April 2008
Representatives from the International Valuation Standards Committee met the Board to discuss valuation issues related to fair value measurement.
IASB March 2008
13 March 2008
The Board discussed whether to establish a working group for the fair value measurement project.
IASB December 2007
11 December 2007
The Board began to discuss the market participant view in the FASB’s SFAS 157 Fair Value Measurements and compared it with the concept of ‘knowledgeable, willing parties in an arm’s length transaction’ in IFRSs.
IASB November 2007
13 November 2007
The Board discussed preliminary definitions of current entry price and current exit price. These definitions will be used in a standard-by-standard review to assess whether each fair value measurement currently required or permitted in IFRSs was intended to be a current exit price, a current entry price, or some other basis.
IASB October 2007
17 October 2007
There were two sessions at the October IASB meeting at which fair value measurement was discussed. In the first session, the Board discussed the comment letters received on the discussion paper Fair Value Measurements. The Board tentatively confirmed the project’s objective to develop principles and measurement guidance for fair value measurements in IFRSs.
IASB September 2007
19 September 2007
The staff gave an update on the formation of the FASB’s Valuation Resource Group. No decisions were made at this meeting.