Wednesday, December 28, 2005

ASB holds hearing on future


Public meeting set to discuss a new role for the standard setter

The UK Accounting Standards Board is to hold a public meeting early next year to discuss its future.

The board has produced two papers for discussion at the meeting on 19 January, the first setting out a revised convergence strategy with international financial reporting standards and the second a strategy for influencing the direction and development of IFRSs.

See full Article.