IASB Invites Nominations For Employee Benefit Working Group

October 11, 2006

FEI Summary

On Oct. 6, 2006, the International Accounting Standards Board (IASB) announced it is forming an international working group to advise the IASB on its comprehensive review of accounting required by IAS 19, Employee Benefits. Issues to be included in the project include smoothing and deferral mechanisms, presentation and disclosure, and more. Nominations are due Nov. 17 and additional information about desired qualifications of nominees and content for the nomination form can be found in the IASB announcement.