IFRS 9 was developed in response to the global financial crisis, following calls from
the G20 and other bodies for more timely recognition of loan losses and a
forward-looking impairment model.
The IASB, the European Accounting Association and the European Financial Reporting
Advisory Group will hold a virtual research workshop on the Post-implementation
Review of IFRS 9─Impairment and IFRS 7 Financial Instruments: Disclosures on
30 June 2023, 12.00–14.00 CET.
The consultation is open for comments until Wednesday 9 August 2023.
IFRS Foundation Trustees and IFRS Foundation Monitoring Board agree
The IFRS Foundation Trustees and the IFRS Foundation Monitoring
Board agreed to an updated Memorandum of Understanding. The updates
to the 2009 MoU reflect developments in the work of the IFRS Foundation, most
notably the establishment of the ISSB as a sister board to the IASB.
Call for papers for IASB Research Forum 2024
The IASB is partnering with Abacus to call for research papers to be presented at the IASB Research
Forum in 2024. The deadline for submitting papers is 31 March 2024. The Forum will
be held in Sydney, Australia, 4-5 November 2024.
IFRS for SMEs Accounting Standard and the effects of
climate-related matters in the financial statements
Educational material has been published to illustrate how the
IFRS for SMEs Accounting Standard requires companies to consider
climate-related matters that have a material effect on the financial statements.
Agenda decisions report the Interpretations Committee’s decision and, in many cases,
also include material that explains how the relevant principles and requirements in
IFRS Accounting Standards apply to the issue described in the agenda decision.
Translations available of IFRS Accounting Taxonomy 2022