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IASB's public roundtables on IAS 32 and IAS 39 begin Monday

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07 Mar 2003

Representatives of 108 firms and organisations will participate in five days of roundtable discussions with the IASB on proposed amendments to the existing International Accounting Standards on financial instruments.

The proposals would require or permit greater use of fair values in measuring financial assets and financial liabilities, plus enhanced disclosures. The current standards are IAS 32, Financial Instruments: Disclosure and Presentation, and IAS 39, Financial Instruments: Recognition and Measurement. The largest concentrations of respondents to the IASB's Proposed Changes come from the banking and insurance sectors. The roundtable discussions will take place on 10 and 11 March in Brussels and on 12, 13, and 14 March in London. A list of the participants, with links to their comment letters to IASB, can be found on IASB's website.

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