IASB holds first financial crisis advisory group meeting in London

The first meeting of the Financial Crisis Advisory Group, took place on Tuesday 20th January in London. These proceedings were captured by audio webcast and broadcast live at the time of the meeting - they have also now been released as an archived web stream file.

The meeting's agenda included:

General Overview Session and Issues Briefing:

• - Financial Reporting Issues Overview - Sir David Tweedie & Robert Herz
• - Briefing on IASB and FASB Joint and Separate Projects - Gavin Francis & Russell Golden
• - Overview of SEC Report on Mark-to-Market Accounting - James Kroeker
• - Remarks of Other Observers:

Basel Committee of Banking Supervisors - Sylvie Matherat


Committee of European Securities Regulators - Fernando Restoy


International Association of Insurance Supervisors - Monica Mächler


Japan Financial Services Agency - Junichi Maruyam

After lunch the sessions addressed:

• Issues Discussion.
  
• Where did financial reporting help identify issues of concern, or create unnecessary concerns, during the credit crisis?
• Where could financial reporting standards have provided better transparency to help either anticipate the crisis or respond to it more quickly?

Go the the IASB website here to access these files in full and for free