IASB will host a world accounting standard setters meeting
14 Aug 2003
The IASB will host a meeting with representatives of world accounting standard setters on Monday, 22 September 2003, from 09:00 to 18:00 at the Renaissance Chancery Court Hotel in London.
The meeting is open to public observation. The agenda for that meeting includes:
- Financial reporting by small and medium-sized entities. A technical discussion of the IASB project and the proposed approach to SME reporting. Short plenary session introducing the topic, followed by breakout sessions.
- Convergence, harmonisation, and first-time adoption of IFRSs. Specific issues likely to be encountered in moving to IFRSs, including business combinations, hedge accounting, and tangible and intangible assets. Includes a discussion of the role of national standard-setting bodies and how they can be involved in the IASB process.
- Reporting comprehensive income. A technical discussion of the proposed reporting format developed by the IASB. Short plenary session introducing the topic and case study, followed by breakout sessions.
- IASB update and concluding remarks.