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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

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