IFRS Monitor is an electronic reporting service which provides subscribers with a detailed analysis of the proceedings of the International Accounting Standards Board (IASB).  This is distributed by e-mail for the Monday morning following the monthly IASB meeting.

Operations
Accounting journalists attend the monthly IASB meeting and then produce a summary which aims to encapsulate the essentials of the debate and the positions taken by individual members. This summary is edited together and distributed by e-mail, normally within two working days of the meeting. Mostly the meetings finish on a Friday and IFRS Monitor reaches subscribers for the following Monday.

The length of the standard-setting meetings has so far varied between two days and four days, although it is usually three days. The length of the publication depends, of course, on the length of the meeting and the nature the debate.

Is IFRS Monitor for you?
Organisations and individuals concerned with providing technical guidance on financial reporting to their members or clients may find that the IASB's own summary of Board meetings (IASB Update) does not provide enough insight into the process for their purposes.  IFRS Monitor provides details of the debate, including the arguments put forward, while the IASB Update limits itself to the conclusions reached at a particular meeting.

A number of organisations send their own reporter to the IASB meetings.  IFRS Monitor provides the same function except that IFRS Monitor is able to bring continuity and a knowledge of the ongoing debate, and of course the cost is much lower than that of sending a private observer.