3 Apr. 2012
The communique of the 6th IFRS Regional Policy Forum in Kuala Lumpur on 26-27 March 2012 is now available. The theme of the Forum was 'Convergence and Beyond, Navigating Change', and discussions were related to the future of financial reporting standards, transition to IFRS, and a framework for standard setters, regulators and auditors.
28 Mar. 2012
The Asian-Oceanian Standard-Setters Group (AOSSG) met on 25 March 2012 in Kuala Lumpur. The informal meeting was attended by 15 member standard setters and representatives of the International Accounting Standards Board (IASB).
AOSSG members and IASB representatives discussed current issues being deliberated by the IASB and emerging issues that are affecting the Asia-Oceania region. In addition, AOSSG members supported developing a proposal to establish an IFRS Centre of Excellence in a developing country within Asia-Oceania.
The media release for the informal AOSSG meeting is now available.
22 Mar. 2012
The AOSSG congratulates Dr Chungwoo Suh on his appointment as a member of the International Accounting Standards Board (IASB) commencing 1 July 2012 for an initial five-year term.
Dr Suh served as the Chair of the Korean Accounting Standards Board (KASB), and was an active participant in AOSSG activities from 2008 to 2011. During that time, AOSSG members have had great pleasure in working with Dr Suh and acknowledge his leadership and support of KASB’s contributions to the AOSSG.
AOSSG members look forward to working with Dr Suh in his IASB role with the aim of continuing to promote improved financial reporting within Asia-Oceania.
Further information regarding Dr Suh’s appointment is available at the IASB website.
20 Mar. 2012
The AOSSG has commented on the IASB ED/2011/6 Revenue from Contracts with Customers.
2 Feb. 2012
The AOSSG will hold an Informal Meeting co-hosted by the Malaysian Accounting Standards Board at the Shangri-La Kuala Lumpur Hotel on 25 March 2012, Sunday from 2:30PM to 5:30PM.
At the meeting, AOSSG members will discuss recent developments in active AOSSG and IASB projects with members of the International Accounting Standards Board (IASB). Attendees at the meeting include IASB Vice-Chairman, a number of other IASB members and senior staff, and National Standard-Setters from throughout the region.
10 Jan. 2012
The AOSSG has commented on the IASB ED/2011/4 Investment Entities.
