AGENDA OF THE IASB MEETING 21-24 SEPTEMBER 2004

Tuesday 21 September 2004

• IFRIC - Concessions (Educational session)
• IAS 12 Income Taxes - Backwards tracing (Educational session)
• IFRS 3: Combinations involving mutual entities
• Concepts
• IFRIC update Wednesday 22 September 2004
• Insurance (Educational session)
• Business Combinations II
• Financial instruments: the fair value option Thursday 23 September 2004
• Financial Reporting by Small and Medium-sized Entities
• Share-based payment
• Convergence: employee benefits (IAS 19)
• Convergence: Income taxes (IAS 12) Friday 24 September 2004
• IAS 37 Provisions, Contingent Liabilities and Contingent Assets
• ED 6 Exploration for and evaluation of mineral resources
• IASB due process Unspecified date
• Convergence: discontinued operations (IFRS 5) is included in the list of agenda topics but a specific day has not been announced Monday 27 September 2004
• Morning: Meeting with national standard-setters
  • Update on developments
  • Thoughts on accounting standard setting (Roundtable)
• Afternoon: Meeting with world standard-setters
  • IASCF education initiatives
  • The role of the national standard-setter in relation to the IASB
  • National standard-setters: challenges to adoption of IFRSs - round-table discussion
  Tuesday 28 September 2004
• All day: Meeting with world standard-setters
  • Keynote address: Donald T Nicolaisen, Chief Accountant, US Securities and Exchange Commission
  • The IASB's Framework
  • Consolidation and control
  • Leases
  Wednesday 29 September 2004
• Morning: Meeting with national standard-setters
  • Development of work programme and procedures
  • Disclosure framework
  • Progress reports on research projects
    • Extractive activities
    • Intangible assets
    • Investment companies
    • Joint ventures
    • Leases
    • Management narrative reporting (MD&A;/OFR, etc)
    • Measurement