IAS Plus Newsletter - IAS Plus Quarterly Newsletter Asia-Pacific Edition
Published on:
14 Oct 2004
New Approaches to Three Major Projects
IASB Chairman Sir David Tweedie has indicated that the IASB has revised its approach to three major agenda projects:
1. Insurance Contracts;
2. Financial Instruments; and
3. Performance Reporting (Reporting Comprehensive Income).
New advisory groups on insurance and financial instruments have already been appointed. A joint advisory group for the IASB, the UK ASB, and the US FASB is being formed for the performance reporting project.