Meeting Summaries and Observer Notes

IASB January 2008

24 January 2008

At their joint meeting in April 2006, the IASB and the FASB agreed on a goal of publishing a due process document (a discussion paper) on financial instruments (as envisaged in their Memorandum of Understanding).

IASB April 2007

18 April 2007

The Board discussed possible intermediate steps to reduce today’s complexity. The Board did not make any tentative decisions.

IASB March 2007

21 March 2007

The Board discussed possible approaches to moving towards the long-term objectives established with the FASB. The Board did not make any tentative decisions.

IASB January 2007

24 January 2007

The Board discussed (a) issues relating to the measurement of guaranteed liabilities in the financial statements of the debtor and (b) hedge accounting issues, eg how existing hedge accounting requirements could be simplified.

IASB November 2006

16 November 2006

The Board tentatively decided that for the purposes of the document, the fair value of all items within its scope could be reliably measured

IASB September 2006

19 September 2006

IASB June 2006

20 June 2006

The Board agreed to publish a due process document on financial instruments by January 2008.