Summary of the April 2012 Trustees’ meeting
May 10, 2012
The IASB has posted a summary of the Trustees of the IFRS Foundation meeting that took place in London on April 13, 2012.
The Trustees of the IFRS Foundation, the body responsible for the governance and oversight of the IASB, discussed the following topics:
- Trustees’ Strategy Review and the efforts to coordinate the report of the Trustees’ Strategy Review with that of the Monitoring Board.
- Regional outreach activities and meetings with key UK and European stakeholders to discuss IFRSs, their application, and other matters of significance.
- Report of the Nominating Committee concerning the appointments of the Trustees Ronald Arculli, C. B. Bhave and James Quigley and the appointment of Chungwoo Suh as a member of the IASB.
- Update on the opening of the Asia-Oceania office in Tokyo, which is scheduled for October 2012.
- Trustee meetings for 2013.
- Report of the chairman of the IASB concerning the major convergence projects and the agenda consultation.
- Report of the Due Process Oversight Committee regarding the development of the Due Process Handbook, the review of the effectiveness of the IFRS Interpretations Committee, and the post implementation reviews.
- Report of the Education & Content Services Committee.
Click for the full summary on the IASB's Web site. The next meeting of the Trustees of the IFRS Foundation is scheduled for July 12, 2012.