This would apply to annual reports on Form 10-K and other reports filed after the date of the issuance of the release. Click to Download the Full Text of the Petition (PDF 105k). The Big 5 and the AICPA have also jointly issued an Assessment of Risk Factors for 2001 Financial Statements (PDF 52k).

Written by Deloitte & Touche, this comprehensive guide to IAS includes:

• 29 chapters
• 4 appendices, including model financial statements and disclosure checklist
• 1,316 pages.

It can be ordered directly from the Publisher.

Reports on recent standard-setting activity in Australia, China, Hong Kong, India, Philippines, Singapore, and Thailand.

21-22 January 2002: Meeting with National Standard Setters:

• Accounting by Small and Medium-Sized Entities and in Emerging Economies
• Amendments to IAS 39, Financial Instruments: Recognition and Measurement
• First-Time Application of IFRS
• Improvements to Existing IASB Standards
• Joint Working Group on Financial Instruments: Analysis of Comment Letters
• Work Programme - Update on Standard Setters' Activities

22-25 January 2002: IASB Technical Agenda

• Business Combinations
• First-Time Application of IFRS
• Improvements to Existing IFRS
  • IAS 1, Presentation of Financial Statements
  • IAS 16, Property, Plant and Equipment
  • IAS 17, Leases
  • IAS 21, The Effects of Changes in Foreign Exchange Rates
  • IAS 23, Borrowing Costs
  • IAS 40, Investment Property
• Insurance Contracts
• Amendments to IAS 39, Financial Instruments: Recognition and Measurement
• Reporting Performance

Click for FEE Website.

We have posted the Chinese version of our (PDF 607k).

The global credential, alternatively referred to as XYZ, Cognitor, and Strategic Business Professional (IISBP), was proposed as a supplement to the national accounting credential such as CPA and CA. The credential was intended to recognise an individual's ability to integrate knowledge from multiple business disciplines and to apply that knowledge to provide strategic business insight. Besides the AICPA, a number of other national accounting bodies had agreed to participate in the global credential process, including Australia, Canada, France, Italy, and New Zealand. The AICPA had spent about $5 million over the past three years in developing the initiative.

UK (18-19 February with the Standards Advisory Council)

20-22 March 2002, Tokyo, Japan

17-19 April 2002, London, UK

20-24 May 2002, London, UK (20-21 May with chairs of national standard setters)

17-21 June 2002, Berlin, Germany (20-21 June with the Standards Advisory Council)

17-19 July 2002, London, UK

Meetings of IASC Foundation Trustees:

• 5 March 2002, London, UK
• 12 June 2002, London, UK
• 19 November 2002, Hong Kong, China

Meetings of Standards Advisory Council:

• 19-20 February 2002, London, UK
• 20-21 June 2002, Berlin, Germany

IASB is making them available for download from its website "for a limited time". Several of the Interpretations took effect on 31 December, and the others on 1 January 2002.

Parts of Mr. Pitt's action plan are directly relevant to accounting standard-setters, including IASB.