Notes from the October 2012 IFRS Advisory Council meeting

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23 Oct, 2012

The IFRS Advisory Council meeting was held in London on 22-23 October 2012. We have posted the Deloitte observer notes from the meeting.

Some of the highlights from the meeting include discussions on:

  • the preliminary proposal to establish an Accounting Standards Forum
  • rate-regulated activities and how the IFRS should reflect the effects of rate regulation
  • US SEC representative's comments regarding the current situation the SEC is in regarding the adoption of IFRSs in the US
  • the consistent application of IFRSs and whether the IASB current policy is sufficient

Click to access the preliminary and unofficial notes taken by Deloitte observers for the entire meeting.

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