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The IASB plans to hold a series of round-table meetings with interested parties on consolidation. The first meeting took place on Wednesday 17 September 2008 in London, UK.
In response to a recommendation made in the report of the Financial Stability Forum on Enhancing Market and Institutional Resilience, the IASB has decided to accelerate its Consolidation project by moving straight to an exposure draft.
The objective of the round tables is to facilitate progress on the project by obtaining public comment at an early stage of the project. The views received in the round table discussions are expected to help the IASB in shaping its forthcoming proposals for creating a single IFRS on consolidation to replace IAS 27 Consolidated and Separate Financial Statements and SIC-12 Consolidation - Special Purpose Entities.
The IASB envisages publishing an exposure draft for public comment in the fourth quarter of 2008.
An initial staff draft of the exposure draft was presented to the IASB at its meeting in July and was published on the Website as part of the observer notes for that meeting. As a basis for the round table discussions an updated version of the staff working draft will be published shortly before the first round table meeting.
Round table Webcasts
Audio recordings of the round-table held on 17 September 2008 are now available. To listen to sessions 1 and 2 of the meeting, click on the links below:
How do I register to attend future round tables as a participant?
A second round table will be held at the end of September in North America. Further details have not yet been finalised and will be published in due course. The IASB also plans to hold additional round tables, if there is sufficient public interest. Participation in those round tables would be open to interested parties with relevant technical experience.
You can register your interest in attending the round tables (either as a participant or an observer) now and will be notified when the timing and the location have been confirmed.
To register your interest for attending a future round table (not the 17 September 2008 round table), please send an email to vblackburn@iasb.org (ref: future round tables consolidation) with the following details:
- Name
- Company name
- Occupation
- Country
- Attendance requested as: participant / observer (please select one)
Please note that attendance at the round tables is at the discretion of the IASB and that, although we shall aim to admit every interested party to the round tables, capacity constraints will mean that we may not be able to accommodate all those who wish to attend.
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