The International Accounting Standards Board (IASB) have published their latest IASB update which refers to their July meeting in London. The following issues were discussed:
- Classification of rights issues;
- Consolidation;
- Discontinued operations;
- IFRIC update;
- Insurance contracts;
- Liabilities - amendments to IAS 37;
- Post-employment benefits;
- Related party disclosures;
- Revenue recognition;
- Technical plan; and
- Annual improvements.