At its meeting 11-12 November at the IASB offices in London, the Standing Interpretations Committee will consider the following as possible final Interpretations:

• SIC-28, Business Combinations - 'Date of Exchange' and Fair Value of Equity Instruments Quoted in an Active Market
• SIC-29, Disclosure - Service Concession Arrangements
• SIC-30, Reporting Currency - Translation from Measurement Currency to Presentation Currency
• SIC-31, Revenue - Barter Transactions Involving Advertising Services
• SIC-32, Intangible Assets - Website Costs
• SIC-33, Consolidation and Equity Method-Potential Voting Rights
• SIC-34, Financial Instruments-Instruments or Rights Redeemable by the Holder

Agenda topics include Business Combinations; Financial Institutions; First-Time Application of IFRS; Improvements to IAS 21, IAS 23, and IAS 33; Insurance Contracts; and Amendments to IAS 39. Click for More Information.

Performance Reporting is one of IASB's nine initial agenda projects. FASB is also studying another possible agenda project, Disclosure of Information about Intangible Assets Not Recognized in Financial Statements. Intangible Assets is one of IASB's 16 second-priority agenda topics. FASB has previously agreed to take the lead in a 'partnerhsip' project with IASB on two major components of the second phase of IASB's Business Combinations project – purchase acquisition accounting procedures and new-basis accounting.

Click here for Information About SIC D28-D32.