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Inaugural ASAF meeting notes

  • ASAF (Accounting Standards Advisory Forum) (mid blue) Image

Apr 11, 2013

Deloitte observer notes are now available for the inaugural Accounting Standards Advisory Forum (ASAF) meeting held in London on April 8 and 9, 2013. The meeting included discussions about the IASB's conceptual framework project and summaries of the IASB's and FASB's impairment projects.

The Deloitte observer assessed that the overall tone of this meeting was positive, collaborative, and constructive. Personalities did not get in the way, but that did not preclude lively and pointed discussions. Although it is difficult to extrapolate on the basis of one meeting, it did seem that ASAF members brought their richly diverse experience to the table with a shared objective of helping the IASB develop high-quality products — in this case a framework that would (1) support standard setting and (2) be informed by it for some time to come.

A listing of the topics discussed at the meeting is as follows (click to access detailed Deloitte observer notes for each topic):

Monday, April 8 (11:05-16:00)

Tuesday, April 9 (09:00-16:00)

You can also access the preliminary and unofficial notes taken by Deloitte observers for the entire meeting.

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