Agenda for Joint IASB-FASB Meeting23-24 October 2006, Norwalk, Connecticut USA

Monday 23 October 2006

• Liabilities and Equity
• Conceptual Framework:
  • Drafts of discussion materials for roundtables on measurement bases to be held in the first two months of 2007
  • Plans and procedures for finalising the common conceptual framework
  • Project status, plans, and priorities, focusing on the elements and recognition phase (B) of the project.
• Insurance

Tuesday 24 October 2006

• Memorandum of Understanding – Progress discussion
• Business Combinations II – measurement attribute for business combinations and how to measure noncontrolling interests
• Financial Statement Presentation
  • short-term and long-term sub-categories in the operating category;
  • presentation of information about liquidity in the notes to the financial statements;
  • the definition of financing liabilities, treasury assets, and investments (for purposes of determining what should be included in those categories);
  • application of the measurement working principle;
• Revenue Recognition