Issues on the IASC consultation include the possible need for emergency due process procedures, funding arrangements and the IASB’s agenda-setting procedures.
The Trustees of the International Accounting Standards Committee Foundation published for a discussion document on the second part of the five-yearly review of the IASC Foundation’s Constitution. Issues addressed include the possible need for emergency due process procedures, funding arrangements and the IASB’s agenda-setting procedures.
Conclusions are expected for October 2009. The amendments to the Constitution would take effect on or after 1 January 2010.
Deadline for comments is 31 March 2009.
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