The Accounting Standards Board (ASB) hosted a public meeting on its future role on the morning of Thursday 19 January 2006.
The ASB prepared two papers as a basis for discussion at the public meeting, which are attached. The first paper sets out revised proposed convergence strategy for the ASB; the second a proposed strategy for the ASB in influencing the direction of International Financial Reporting Standards (IFRS) and communicating with its constituents.
A report of the meeting is also attached. In case of queries, please contact Jennifer Guest at the ASB: e-mail j.guest@frc-asb.org.uk.