IASB publishes June Update

BVWireIssue #58-1
July 4, 2007

The International Accounting Standards Board has just released its latest monthly (June 2007) Update.  Highlights include the IASB’s discussion of four issues relating to IFRS 3 Business Combinations, and transition planning for IAS 27 Consolidated and Separate Financial Statements.  A summary of the Board’s recent re-deliberations of its conceptual framework project also appear, including its decision to extend coverage from financial statements to financial reporting as a whole.  (Note that any decisions reported in the Update are tentative and subject to review by the Board.)  Finally, a list of upcoming IASB meetings, including those with the FASB, concludes the issue.  To review the June edition (and archives), click here.

Please let us know if you have any comments about this article or enhancements you would like to see.