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Notes from the October 2012 IFRS Advisory Council meeting

  • international meeting notes Image

Oct 23, 2012

The IFRS Advisory Council meeting was held in London on October 22 and 23, 2012. Deloitte observer notes are posted from the meeting.

Highlights from the meeting include discussions on:

  • The preliminary proposal to establish an Accounting Standards Forum.
  • Rate-regulated activities and how IFRSs should reflect the effects of rate regulation.
  • The SEC representative's comments on the current situation the SEC is in regarding the adoption of IFRSs in the United States.
  • 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.

Related Topics

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