In response to the recommendations made by the FSF the IASB plans to form an advisory panel that will assist in reviewing best practices in the area of valuation techniques. The first meeting will take place on 13 June 2008.
In response to the recommendations made by the FSF the IASB plans to form an advisory panel that will assist in reviewing best practices in the area of valuation techniques, and formulating any necessary additional practice guidance on valuation methods for financial instruments and related disclosures when markets are no longer active.
The panel will provide input for the IASB’s work on financial instruments and fair value measurement. The panel’s views will be discussed with other interested parties before the Board makes any decision on guidance to be issued.
The expert advisory panel comprises experts from preparers and users of financial statements, as well as regulators and auditors. The first meeting will take place on 13 June 2008.
Press release
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