The International Accounting Standards Board had issued this Strategy Review Consultation Document. On 5 November 2010 the Trustees of the IFRS Foundation, the oversight body of the IASB, initiated a review on the strategy of the IFRS Foundation as it enters its second decade. The Trustees initiated this review as a result of the second Constitution Review that was completed earlier in 2010. The Trustees are now seeking views of stakeholders for a second time on a Strategy Review document that addressees four strategic fronts—the IFRS Foundation’s mission, governance, the standard-setting process, and financing of the IFRS Foundation. |
Invitation to comments |
ASB invites comments on the said Due Process Document from the public. The downloadable version of the Document is available at : http://www.ifrs.org/NR/rdonlyres/A490566E-EFF5-4F27-8DEF-D2ECCF9C5FFF/0/Trustees_Strategy_Review_2011.pdf. The downloadable version of First Strategy Review consultation document- the first-stage consultation document designed to solicit input on the strategy of the IFRS Foundation in November 2010 is also available at the following link for the reference: http://www.ifrs.org/NR/rdonlyres/8F888493-D159-41EA-9FF3-8EBE7276659F/0/StrategyReviewREVFORDATE.pdf. Comments would be most helpful if they indicate the specific paragraph or group of paragraphs to which they relate, contain a clear rationale and, where applicable, provide a suggestion for alternative wording. |
Comments should be submitted in writing to the Secretary, Accounting Standards Board, The Institute of Chartered Accountants of India, ICAI Bhawan, Post Box No. 7100, Indraprastha Marg, New Delhi-110002, so as to be received not later than July 10, 2011. Comments can also be sent by e-mail at asb@icai.org or edcommentsasb@icai.org. |