Roundtables on global financial crisis

The International Accounting Standards Board and the US Financial Accounting Standards Board have announced that the remaining two roundtable discussions to identify financial reporting issues highlighted by the global financial crisis will be held in Norwalk (Connecticut) on the afternoon of November 25, 2008 and in Tokyo on December 3, 2008.

The first of the roundtable discussions will take place in London on November 14, 2008.

The roundtable meetings provide an opportunity for the members of the two boards to hear input from a wide range of stakeholders, including users and preparers of financial statements, governments, regulators and others. The roundtables are intended to help the boards identify accounting issues that may require the urgent and immediate attention of the boards to improve financial reporting and help enhance investor confidence in financial markets.

The boards will also ask participants to identify broader financial reporting issues arising from the global economic crisis. These issues will be given consideration by the high-level financial crisis advisory group established to assist the boards in responding to the crisis in an internationally co-ordinated manner.

Location of roundtables

Europe
The European roundtable discussions will take place at Holborn Bars, 138-142 Holborn, London EC1N 2NQ. The morning session will begin at 10.30 am London time and the afternoon session at 1 pm London time. Registrations are required by 7 November 2008.

United States
The US roundtables will take place on the afternoon of November 25, 2008 at the offices of the Financial Accounting Standards Board, 401 Merritt 7, P.O. Box 5116, Norwalk, Connecticut 06856-5116. Registrations are required by November 18, 2008.

Asia
The Asian roundtables will take place in the afternoon of December 3, 2008 at the offices of the Accounting Standards Board of Japan, Fukoku Seimei Building 20F, 2-2, Uchisaiwaicho 2-chome, Chiyoda-ku, Tokyo 100-0011, Japan. Registrations are required by November 26, 2008.

Information about related materials, timing and other specifics about the US and Asian roundtables will be posted on FASB and IASB websites soon.

How to participate
To register your interest in attending a joint roundtable discussion, please email Victoria Blackburn at vblackburn@iasb.org or Alicia Posta at aaposta@fasb.org with details of your name, organisation and your roundtable location preference. Please also state if you wish to attend as a participant or an observer.