IFRS Foundation Trustees hold February 2017 meeting
27 Feb, 2017
The IFRS Foundation Trustees met in Paris on 1–2 February 2017.
Meeting activities included the following:
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Executive session — The Trustees discussed a number of important strategic issues:
- Strategic workplan 2017 — The Trustees discussed the four primary strategic goals of the workplan.
- Maintenance of IFRS — The Trustees received a presentation on the approach to the interpretations process.
- Foundation’s location — The Trustees agreed that the Foundation should stay in London in the medium-term, but will reassess its location over time.
- Presentation on the work of the International Integrated Reporting Council (IIRC) — The Trustees noted that the IIRC will like to establish a closer relationship with the IASB.
- Other issues — The Trustees discussed its self-assessment and were updated on the Asia Oceania office’s work on long-term investment and the effect of accounting information on investment decision-making. The Trustees also discussed the timetable for the 2016 Audited Financial statements.
- Committee reports — The Trustees discussed reports from the Audit and Finance Committee, the Education and Content Services Committee, the Human Capital Committee, and the Nominating Committee.
- IASB Chairman’s report — The Chair of the IASB provided the Trustees with an update on a number of the IASB’s technical activities, agenda consultation, engagement strategy, and implementation activities.
- Meeting with the Monitoring Board — The Trustees discussed the Foundation’s strategy, due process, and governance.
- Events in Paris — The Association Francaise des Enterprises Privees hosted a stakeholder event with the Trustees, which included the final Tommaso Padoa-Schioppa lecture.
The full report on the IFRS Foundation trustees’ meeting is available on the IASB’s website.