Advisory Council will meet 14-15 February 2008

  • IFRS Advisory Council (mid blue) Image

29 Jan 2008

The Standards Advisory Council will meet with the IASB on Thursday 14 February and Friday 15 February 2008 at the Renaissance Chancery Court Hotel, 252 High Holborn, London.

The meeting is open to public observation. The agenda for the meeting is set out below.

Standards Advisory Council Meeting Agenda
14-15 February 2008, London

Thursday 14 February 2008 (starts 11:30am)

  • Report from SAC Chairman
  • Presentation by Wang Jun, Ministry of Finance, China: Continuing IFRS convergence in China
  • Report from IASB Chairman: Discussion of IASB work programme – to include comments on Business Combinations, Fair Value Measurement, the subprime crisis and financial reporting, Annual Improvements, and work with the FASB on convergence with US GAAP
  • Proposed IFRS for Small and Medium-sized Entities: Comment letters, field testing, work plan for completion of IFRS

Friday 15 February 2008 (starts 9:00am)

  • Distinction between Equity and Liabilities: Forthcoming Discussion Paper on Financial Instruments with Characteristics of Equity
  • Financial Instruments: Forthcoming Discussion Paper on Reducing Complexity in Reporting Financial Instruments
  • Post-employment benefits: Overview of forthcoming Discussion Paper
  • Address by Gerrit Zalm, Chairman of IASC Foundation Trustees


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