Financial Crisis Advisory Group seeks input
11 Mar 2009
The Financial Crisis Advisory Group (FCAG) is seeking written input from constituents in the form of responses to seven questions, to assist the FCAG in discussing accounting and reporting matters related to the global financial crisis and making recommendations thereon to the IASB and the US FASB.
The two boards established the FCAG to advise them about the role of accounting during the crisis and potential changes. The questions and procedures for submitting views may be found on IASB's Website and FASB's Website. Comment deadline is Thursday 2 April 2009. The FCAG has already met three times, and notes taken by Deloitte observers at those meetings may be found on our Credit Crunch Page.
