Friday, March 19, 2010

IASB - Chairman of the IASB addresses ECOFIN meeting

On March 16, 2010, Sir David Tweedie, Chairman of the International Accounting Standards Board, addressed the meeting of the Council of the European Union (Economic and Financial Affairs). He spoke about the progress on convergence, enhanced stakeholder engagement in the IASB work and agenda-setting, IFRS 9 and addressing European concerns on classification, and next steps on financial instruments reform. (Read the prepared statement on the IASB website.)