Roundtables on investment company proposals to be held early in 2012
20 Dec 2011
During February and March 2012, the IASB and FASB are holding a number of public roundtables on their proposals to exempt investment entities from consolidation.
The IASB published Exposure Draft ED/2011/4 Investment Entities on 25 August 2011, proposing to define 'investment entities' as a separate type of entity that would be exempt from the consolidation accounting requirements in IFRS 10 Consolidated Financial Statements. Comments on the Exposure Draft close on 5 January 2012.
Details of the roundtables, including the registration deadline, are set out in the table below:
|Canada||Toronto||17 February 2012||27 January 2012|
|United Kingdom||London||29 February 2012||8 February 2012|
|United States||Norwalk||20 March 2012*||28 February 2012*|
|Malaysia||Kuala Lumpur||27 March 2012||6 March 2012|
* The date of the Norwalk roundtable was changed to 16 March 2012 in mid January 2012. The registration deadline was also brought forward to 24 February 2012.
Click for more information on the IASB's website.