IFRS Interpretations Committee – update from last meeting
The staff provided the Board with an update from the March 2011 IFRS Interpretations Committee (the "Committee") meeting.
One IASB member enquired of the staff what the status of the work of the National Standard Setters was with respect to the efforts regarding IFRS 2. The staff responded that the results of their work had been presented to the Advisory Council and that their efforts along with the Committee's efforts on IFRS 2 could be combined into a future project on the Board's agenda.
The incoming IASB vice-Chair asked the staff what the status was on the Committee's efforts to find replacement Committee members. The staff responded that the search period had closed and all CVs had been submitted to the Trustees for further consideration.