We have replaced our individual daily meeting notes with a Combined Summary of the Entire IASB Meeting 22-25 January 2002.

We have updated the following agenda project pages to reflect discussions at last week's IASB meeting:

• Business Combinations
• Improvements Project
• Reporting Financial Performance
• Revisions to IAS 32 and IAS 39

We have posted the January 2002 Europe-Africa edition of our IAS Plus Newsletter.

• Consolidation of all existing periodic and ongoing disclosure obligations into a single legal text.
• Upgrading of the periodic disclosure obligations of enterprises admitted for trading on a regulated market.
• Publication of information via the Internet.
• Each Member State should have a single authority responsible for public disclosure by securities issuers.

IASB will meet in London on 22-25 January to discuss the following projects:

• Business Combinations
• IAS 19, Employee Benefits - Asset Ceiling [new agenda issue]
• IAS 39, Financial Instruments: Recognition and Measurement - proposed amendments
• Improvements to Existing IFRS
  • IAS 1, Presentation of Financial Statements
  • IAS 16, Property, Plant and Equipment
  • IAS 17, Leases
  • IAS 21, The Effects of Changes in Foreign Exchange Rates
  • IAS 23, Borrowing Costs
  • IAS 40, Investment Property
• Insurance Contracts
• Reporting Performance

IASB will meet in London on 21-22 January with the chairs of its liaison national standard setters (AU/NZ, CA, DE, FR, JP, UK, and US) to discuss the following issues:

• Accounting by Small and Medium-Sized Entities and in Emerging Economies
• Amendments to IAS 39, Financial Instruments: Recognition and Measurement
• First-Time Application of IFRS
• Improvements to Existing IASB Standards
• Joint Working Group on Financial Instruments: Analysis of Comment Letters
• Work Programme - Update on Standard Setters' Activities