IFRS Advisory Council meeting — 22-23 October 2012

Start date:

End date:

Location: London

IFRS Advisory Council

The IFRS Advisory Council met in London on 22-23 October 2012. The meeting covered a broad range of topics, including the proposed Accounting Standards Forum formalising ties with national and regional standard setters, IASB agenda proposals on rate-regulated activities and 'bearer biological assets' under IAS 41, improving consistent application of IFRSs, project updates and other matters.

Agenda for the meeting

Monday, 22 October 2012

  • Welcome and Chairman’s preview
  • Overview of last four months
  • IASB activities (Work plan update, project update, implementation and other activities)
  • Agenda proposal — Rate regulated activities
  • Breakout discussions — Rate regulated activities
  • Agenda proposal — Revisions to IAS 41 Agriculture
  • Emerging Economies Group
  • Updates to the IASB's due process/External involvement in the IASB's standard setting process
  • Report back — Rate regulated activities
  • Improving consistent application of IFRSs
  • Breakout discussions — Improving consistent application of IFRSs
  • Report back — Improving consistent application of IFRSs

Tuesday, 23 October 2012

  • Update on Trustee activities
  • IASB and National Standard Setters
  • Establishing IASB's dedicated research capacity
  • Breakout discussions — Establishing IASB's dedicated research capacity
  • Building the IFRS network
    • Interaction between IIRC and IASB
    • Interaction between the FSB (and G20) and the IASB
    • Interaction between the Basel Committee and IASB
  • Report back — Establishing IASB's dedicated research capacity
  • Leases — Project update
  • Sum up discussions
    • What does the Council want to communicate to the IASB and the Trustees at this stage


Agenda papers from this meeting are available on the IASB's website.

Related Topics

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.