Agenda for the November 2013 AOSSG meeting

  • AOSSG (Asian-Oceanian Standard-Setters Group) (dk green) Image

25 Nov 2013

An agenda has been released for the fifth meeting of the Asian-Oceanian Standards Setters Group (AOSSG), which is being held in Colombo, Sri Lanka on 27-28 November 2013. Representatives from many of the 26 countries which are currently members of AOSSG will attend the meeting, as will representatives from the International Accounting Standards Board (IASB). The meeting will include discussion on a number of IASB projects, consider the results of a survey conducted by the AOSSG on accounting and Islamic finance in the Middle East and North Africa, receive feedback on the IFRS implementation efforts and regional capacity building, and consider ongoing membership and process requirements.

The full agenda for the meeting is summarised below:

Wednesday, 27 November 2013 (09:00-17:30)

  • Welcome and introduction of new Chairman
  • Inauguration and opening address
  • Sri Lanka - IFRS convergence experience
  • Vice-chairmanship - ratification of vote to elect next Vice-Chair
  • Building regional capacity - Update on IFRS Centre of Excellence in Nepal
  • IASB opening remarks and developments (including discussion with AOSSG):
    • Revenue recognition
    • Leases
    • Agriculture
    • Post-implementation review - IFRS 3 Business Combinations
    • Research
    • Other developments
  • Group photograph
  • Conceptual framework
  • Insurance contracts
  • Islamic finance

Thursday, 28 November 2013 (09:00-14:30)

  • Operational matters - changes to MoU and update on membership
  • Financial instruments
  • Rate-regulated activities
  • IFRS adoption plans
    • Update from India
    • Update from Nepal
  • IFRS for SMEs
  • Closing remarks (IASB representative and Chair)


Agenda papers for the meeting are available on the AOSSG's website.

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