Post-Implementation Review; New Standards, Too: Subject of FASB, IASB Webcasts

Webcasts are set to take place later this week and next week covering (1) FASB’s post-implementation review process, and (2) four recently issued IASB standards, respectively.

This Friday, the Financial Accounting Foundation, which oversees the Financial Accounting Standards Board and the Governmental Accounting Standards Board, is hosting a webcast explaining the next phase of its post-implementation review process. The May 20 webcast, set to take place at 1pm EST, will feature FAF President and CEO Terri Polley, FASB Chairman Leslie Seidman, and Post-Implementation Review Leader Mark Schroeder discussing the pilot test of the post-implementation review process, and an upcoming stakeholder survey. Learn more about the FAF/FASB webcast, and register here.

Next week, the IASB will be holding a webcast on May 23 on its new fair value measurement standard, IFRS 13 (as previously reported, IFRS 13 was issued by the IASB concurrent with FASB's release of ASU 2011-04 on fair value measurement). A separate webcast will be held on May 25 on IASB’s new standards on off-balance sheet arrangements and joint arrangements (IFRS 10, 11 and 12). The IASB has also published a series of Frequently Asked Questions, project summaries and feedback statements on the new standards. Read more about the IASB webcasts and summaries of the new standards.

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