ARC consideration of all except IAS 39 is deferred
01 Oct 2004
The agenda for the European Commission's Accounting Regulatory Committee meeting of 1 October 2004 had included not only consideration of IAS 39 but also whether to recommend endorsement of the improvements to 14 IASs that were adopted as revised standards in December 2003 (to date, the EC has endorsed only the pre-2003 versions) and IFRSs 2 through 5 (see news story of 20 September).
The final agenda now shows that only IAS 39 will be considered at the 1 October 2004 meeting. The other standards, along with IAS 32 and IFRIC 1, will be considered at ARC's 30 November 2004 meeting.