FCAG letter to G-20 leaders

The Financial Crisis Advisory Group (FCAG) was established by the International Accounting Standards Board (IASB) and the US Financial Accounting Standards Board (FASB) to advise the two Boards about the standard-setting implications of the global financial crisis and potential changes to the global regulatory environment. As part of its work, the FCAG is helping the Boards develop their priorities in this area and promoting coordination among the two Boards, the international supervisory community and industry participants. The FCAG will issue its report in July 2009. (Read the FCAG letter to G-20.)

IASC Foundation - Conferences and workshops (2009)

The IASC Foundation organizes, co‑brands and participates in numerous conferences, workshops, seminars and presentations each year as part of its education initiative. (For more information, visit the IASB website.)

IASB sets timetable for IAS 39 replacement

The International Accounting Standards Board (IASB) has set out a detailed six-month timetable for publishing a proposal to replace its existing financial instruments standard, IAS 39 Financial Instruments: Recognition and Measurement. The IASB also announced the results of its 30-day accelerated consultation on the Staff Positions (FSPs) on fair value measurement and impairment published recently by the US FASB. (Read the IASB Press Release.)

EFRAG response on fair value measurement guidance

The European Financial Reporting Advisory Group (EFRAG) has submitted its response on the International Accounting Standards Board (IASB) request for views on the US Financial Accounting Standards Board (FASB) amendments to fair value measurement guidance and impairment recognition. (Read the EFRAG response letter and visit the project webpage for more information.)

IASB and the IASC Foundation – Quick Reference Guide

The International Accounting Standards Board (IASB) has published an updated version of IASB and the IASC Foundation – Who We Are and What We Do (April 2009). The booklet contains information about the organization including its mission, structure, due process, lists of Board members, IASCF Trustees, senior staff, funding, use of IFRS and contact details.