Saturday 20 March 2010

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Fair Value Measurement

IASB meeting summaries (relevant sections from IASB Update)

IASB / FASB 3 March 2010

03 March 2010

The boards discussed the staff's plan for developing educational material to accompany an IFRS on fair value measurement.

IASB February 2010

16 February 2010

The Boards discussed the following topics:

IASB January 2010

18 January 2010

The boards discussed Definition of fair value, Measuring fair value when markets become less active, Fair value at initial recognition, Recognition of day 1 gains or losses, Measuring liabilities at fair value, Non-performance risk, Restrictions on the transfer of a liability, Measuring own equity instruments at fair value, Market participant view and Reference market.

Joint IASB / FASB December 2009

16 December 2009

At this meeting the boards discussed the project plan for developing converged fair value measurement guidance.

Joint IASB / FASB October 2009

27 October 2009

The FASB and IASB discussed how to work together to achieve converged fair value measurement guidance.

IASB October 2009

20 October 2009

The Board discussed the comment letters received on the exposure draft Fair Value Measurement. The comment deadline was 28 September 2009.

IASB April 2009

23 April 2009

The Board discussed various aspects of its work on fair value measurement and financial instruments:

IASB and FASB March 2009

24 March 2009

The boards received an update on the IASB’s project on fair value measurement

IASB March 2009

19 March 2009

On 17 March the FASB issued a Proposed FASB Staff Position (FSP) FAS 157-e Determining Whether a Market is Not Active and a Transaction is Not Distressed.

IASB February 2009

19 February 2009

The Board discussed: fair value of liabilities, day one gains or losses and financial liabilities with a demand feature.