ECOFIN will discuss IASB governance and funding
09 Jul 2007
The European Union Council of Economy and Finance Ministers (ECOFIN) will meet on Tuesday 10 July 2007 in Brussels.
On the (PDF 123k), among other matters, is the "governance and funding of the International Accounting Standards Board (IASB) and International Accounting Standards Committee Foundation (IASCF)". The Ministers are expected to adopt a broad range of conclusions on governance, addressing such matters as
- IASB consideration of comments from the Roundtable on Consistent Application of IFRSs in the EU
- ex-ante impact analyses for new standards and ex-post analyses of the impact and functioning of issued standards and interpretations
- geographical balance in all key committees of the IASB/IASCF structure