Click for a Two-Page Overview (PDF 18k) of the proposals set out in IASB Exposure Draft 1, First-Time Application of International Financial Reporting Standards.

Click to Download the statement (PDF 353k). Click here for a Link to French Banking Federation Website.

We have posted the 23 September 2002 edition of the Accounting Roundup newsletter from Deloitte & Touche (USA).

The publication summarises each IAS and Interpretation, emphasising those accounting areas expected to influence a typical service, trading, or production company listed on the Copenhagen Stock Exchange. The booklet is also relevant to banks and insurance companies in certain areas, especially regarding IAS 39. Click to (PDF 1640k).

We have moved our summaries of the September IASB Board meeting to a Combined Summary Page.

We have moved our summaries of the September IASB Board meeting to a Combined Summary Page.

We have moved our summaries of the September IASB Board meeting to a Combined Summary Page.

Smith, Partner, Deloitte & Touche (USA), as a part-time member of the International Accounting Standards Board beginning on 1 October 2002. Mr Smith fills the vacancy left by Robert H. Herz, who resigned in June 2002 to become chairman of the US Financial Accounting Standards Board. Mr. Smith currently serves as director of accounting policies for Deloitte & Touche, where he provides accounting consultation to the Firm's national office and client service personnel, and oversees the development of guidance on accounting matters. In that role, he has established himself as a leading expert on standard-setting issues in general, and accounting issues related to financial instruments in particular. He is responsible for preparing his firm's responses to accounting standard-setting initiatives in the United States and as a member of the Deloitte Touche Tohmatsu international accounting committee he participates in responding to IASB standard-setting initiatives. As a part-time member of the IASB, Mr. Smith will remain a partner of Deloitte & Touche. He has participated in the activities of the IASB and its predecessor, the International Accounting Standards Committee. He is currently a member of the International Financial Reporting Interpretations Committee, from which he will resign, and has served as chairman of the IAS 39 (Financial Instruments) Implementation Guidance Committee. He will serve a five-year term expiring on 30 June 2007.

We have moved our summaries of the September IASB Board meeting to a Combined Summary Page.

The European Commission has published the Final Regulations on IAS as approved by the European Parliament (PDF 114k).