Notes from the IFRS Advisory Council meeting
12 Jun 2013
The IFRS Advisory Council met in London on 10-11 June 2013. We have posted the Deloitte observer notes from the meeting. Topics discussed included the costs and benefits of IFRS adoption, project updates and discussion on various IASB projects, an evaluation of the post-implementation review process, the Accounting Standards Advisory Forum (ASAF), and the role and composition of the IFRS Advisory Council.
Click through for direct access to the notes:
Monday, 10 June 2013
Public sessions (09:15-17:30)
- Welcome and Vice-chairman's preview
- IASB project update
- Update on IFRS Trustee activities
- Costs and benefits of IFRS adoption
- Conceptual framework
- Review of IFRS for SMEs
- Post implementation reviews
Tuesday, 11 June 2013
Public sessions (09:00-15:00)
- Accounting Standards Advisory Forum (ASAF)
- Role and composition of the IFRS Advisory Council
- Financial instruments - classification and measurement
- Insurance contracts
- Sum up of discussion
Please click to access the preliminary and unofficial notes taken by Deloitte observers during the meeting.
The next council meeting is on 14-15 October 2013 in London.