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SAC will meet in London 27-28 June 2005

  • SAC (Standards Advisory Council) (mid blue) Image

14 Jun 2005

The IASB will meet with the Standards Advisory Council on Monday 27 June 2005 (10:30 to 17:30) and on Tuesday 28 June 2005 (10:00 to 15:00) at the Renaissance London Chancery Court Hotel, 252 High Holborn, London.

The agenda for the meeting is set out below.

27-28 June 2005, London Monday 27 June 2005

  • IASB Chairman's Update – Current Work
  • Convergence – Progress to Date and the Way Forward
    • Bringing together IFRSs and US GAAP with the aim of eliminating the need for the 20F reconciliation by non-US SEC registrants
    • Bringing together IFRSs and Japanese GAAP
    • Wider implications of convergence
  • IASB Agenda Priorities
  • Performance Reporting Progress to date and future direction
  • IFRIC Technical Matters
    • Emission Rights
    • Service Concessions
  • Revenue Recognition
Tuesday 28 June 2005
  • IFRIC
    • Interpretations Worldwide
    • IFRIC Review of Operations
  • Constitution – report on progress and impact on SAC
  • Open Forum
  • Possible Recognition and Measurement Modifications for SMEs – Progress since the February 2005 SAC meeting; responses to the Staff Questionnaire on Possible Recognition and Measurement Modifications for SMEs and discussion by the SAC; project plan.

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