The International Forum of Accounting Standard Setters (IFASS) will meet in Toronto on 4 and 5 April 2016.
The agenda for the meeting, which will be the last meeting under the chairmanship of Ms Tricia O’Malley, is summarised below:
Monday, 4 April 2016 (09:00-17:15)
- Opening remarks
- IASB workplan and Foundation developments
- Professional Judgement and “Terms of Likelihood” under IFRS
- Report back on member project – Use of Financial Information by Investors
- Reports from regional groups: AOSSG, EFRAG, GLASS, PAFA
- Topical issue – FEE paper The Future of Corporate Reporting – creating the dynamics for change
- Administrative matters:
- Assessment of last meeting
- Process and timetable for transfer of Secretariat
Tuesday, 5 April 2016 (09:00-16:15)
- Not for profit organisation issues
- Topical issue – Cash Flow Information
- IPSASB update
- IFRS implementation issue – How can IASB and NSS work together to foster consistent application?
- Wrap up
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A report from meeting will be made available in due course; the report from the last IFASS meeting (autumn 2015, London) is available here.