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IASB and FASB to hold roundtables on offsetting proposals

  • IASB (International Accounting Standards Board) (blue) Image
  • FASB (old) Image

18 Mar 2011

The IASB and FASB have announced plans to hold several public roundtable meetings in May 2011 to discuss the financial asset and financial liability offsetting project.

The locations and dates of the roundtables are as follows:

  • London – Tuesday, 3 May 2011
  • Singapore – Friday, 6 May 2011
  • Norwalk – Monday, 9 May 2011

Details of the location and timings for each roundtable are yet to be finalised. Participants at the roundtables are expected to also submit comments on the IASB exposure draft ED/2011/01 Offsetting Financial Assets and Financial Liabilities or the identical FASB Exposure Draft Balance Sheet (Topic 210): Offsetting in writing by Wednesday 20 April 2011 (users and analysts may be exempted).

Click for IASB press release (link to IASB website).

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