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.


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