New IASB financial instruments working group
21 Sep 2004
The IASB has announced the membership of its new working group on financial instruments.
The financial instruments working group will help the IASB take a fresh look at the accounting standard IAS 39 Financial Instruments: Recognition and Measurement by examining and questioning the fundamentals of the standard within the context of the IASB's Framework. "The review will therefore focus on improving, simplifying, and ultimately replacing IAS 39 and will examine broader questions of the application and extent of fair value accounting – a topic on which the IASB has not reached any conclusion. Although any major revision of IAS 39 may take several years to complete, the IASB is willing to revise the standard in the short term if any immediate solutions emerge from the working group's discussions", the Board's announcement said.
Members of the IASB Financial Instruments Working Group
|
Name |
Title |
Organisation |
Country |
|---|---|---|---|
|
Melissa Allen |
European Head of New Business and Technical Accounting Support |
Credit Suisse First Boston |
United Kingdom |
|
Jeannot Blanchet |
Managing Director - Equity Research |
Morgan Stanley |
France |
|
Joseph Boateng |
Manager, Pension Funds |
Johnson & Johnson |
United States |
|
Philippe Bordenave |
Group Chief Financial Officer |
BNP |
France |
|
Gunther Gebhardt |
Professor |
Johann Wolfgang Goethe University |
Germany |
|
Mark Kirkland |
Vice President, Corporate Treasury |
Philips |
The Netherlands |
|
Francois Masquelier |
Head of Corporate Finance and Treasury |
RTL |
France |
|
Esther Mills |
First Vice President, Head of Accounting Policy |
Merrill Lynch |
United States |
|
Ralph Odermatt |
Managing Director, Head of Group Accounting Policies and Support |
UBS |
Switzerland |
|
Russell Picot |
Group Chief Accounting Officer |
HSBC |
United Kingdom |
|
Francis Ruijgt |
ING Group Corporate Insurance Risk Management, Deputy Chief Insurance Risk Officer |
International Actuarial Association/ING Group |
The Netherlands |
|
Yoshio Sato |
Partner in Financial Industries Group |
Deloitte |
Japan |
|
Elisabeth Schmalfuss |
Head of Accounting and Controlling Policies |
Siemens |
Germany |
|
Sadaki Takagi |
Senior Director for Bank Accounting |
Japanese Bankers Association |
Japan |
|
Bob Uhl |
Partner |
Deloitte |
United States |
|
Pauline Wallace |
Partner in IFRS Services |
PwC |
United Kingdom |
|
Peter Zegger |
Corporate Centre Controller |
Unilever |
The Netherlands |
|
Observers
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Also participating:
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