Accounting Standards Advisory Forum meeting — 8-9 April 2013

Start date:

End date:

Location: London

ASAF meeting (mid blue)

The inaugural meeting of the Accounting Standards Advisory Forum was held in London on 8-9 April 2013. The meeting included the signing of the ASAF Memorandum of Understanding, discussions on conceptual framework, and a high-level summary of the IASB and FASB Impairment projects.

Agenda for the meeting

Monday 8 April (11:05-16:00)

  • Introduction and Signing of the Memorandum of Understanding
  • Conceptual Framework:
    • Measurement
    • Performance and Other Comprehensive Income (OCI)

Tuesday 9 April (09:00-16:00)

  • Conceptual Framework:
    • Uncertainty components of elements
    • Open session to raise issues
  • Impairment
  • Summary/Any other business/Wrap up

Agenda papers from this meeting are available on the IASB's website.

The IASB was represented by Hans Hoogervorst and Ian Mackintosh.  Stephen Cooper, Mary Tokar and Wei-Guo Zhang (IASB Members) were present throughout the meeting, and Martin Edlemann joined during the discussion of Impairment on 9 April 2013.  The Senior Technical Directors were also at the table.

Members of the ASAF were represented as follows:

Accounting Standards Board of Canada

Gord Fowler

Accounting Standards Board of Japan

Ikuo Nishikawa

Accounting Standards Committee of Germany

Liesel Knorr

Asian-Oceanian Standard-Setters Group (AOSSG)

Clement Chan (Hong Kong)

Australian Accounting Standards Board

Kevin Stevenson

Chinese Accounting Standards Committee

Liu Guangzhong

European Financial Reporting Advisory Group (EFRAG)

Françoise Flores

Group of Latin American Standard-Setters (GLASS)

Alexsandro Broedel Lopes (Brazil)

South African Financial Reporting Standards Council

Kim Bromfield

Spanish Instituto de Contabilidad y Auditoria de Cuentas

Ana Martinez-Pina

UK Financial Reporting Council

Roger Marshall

US Financial Accounting Standards Board

Leslie Seidman


Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.