This update, from the International Accounting Standards Board (IASB), is published on ifrs.org after every board meeting and summarizes developments from the meeting held jointly with the FASB. It is part of a regular series issued by the IASB.

IFRS Insights is a newsletter on International Financial Reporting Standards (IFRS) for chief financial officers (CFOs) and financial professionals.

This BDO Dunwoody (Canada) publication, IFRS at a Glance (IAAG), provides a high-level overview of International Financial Reporting Standards (IFRSs), including International Accounting Standards and Interpretations as at 31 December 2011.

Accounting Roundup: First Quarter in Review — 2012 is prepared by the Accounting Standards and Communications Group of Deloitte LLP (United States). This newsletter provides brief descriptions of pronouncements affecting accounting, financial reporting, and corporate governance issued by standard setters and regulators during Quarter 1 of 2012.

The International Public Sector Accounting Standards Board (IPSASB) has published Exposure Draft (ED) 47, Financial Statement Discussion and Analysis. The proposed new IPSAS Standard would apply to all public sector entities other than government business enterprises. Comments are requested by July 31, 2012.

The objective of IFRS 2 is to specify the financial reporting by an entity when it undertakes a share-based payment transaction. In particular, it requires an entity to reflect in its profit or loss and financial position the effects of share-based payment transactions, including expenses associated with transactions in which share options are granted to employees.

This course was designed to help you understand and apply the reporting requirements prescribed by IAS 32, Financial Instruments — Presentation, and IFRS 7, Financial Instruments — Disclosures.

The objective of IFRS 7 is focused on financial instrument disclosures, and is based on the notion that entities should provide disclosures in their financial statements that enable users to evaluate the significance of financial instruments for the entity’s financial position and performance. Further, IFRS 7 places emphasis on disclosures about risks associated with holding or issuing financial instruments.

The objective of IAS 32 is twofold: first, to establish principles for presenting financial instruments as liabilities or equity and for offsetting financial assets and financial liabilities, and second, to enhance financial statement users’ understanding of the significance of financial instruments to an entity’s financial position, performance, and…

The objective of IAS 39 is to establish principles for recognizing and measuring financial assets, financial liabilities, and some contracts to buy or sell non-financial items. The principles in IAS 39 complement those of IFRS 7 Financial Instruments: Disclosures, and for presentation of information about them in IAS 32 Financial Instruments: Presentation. IAS 39 applies to all entities and to all types of financial instruments, except where it specifically defers to another Standard and/or a different accounting treatment (¶2).