The International Accounting Standards Board (IASB) announced on November 1, 2006, that it will hold round-table discussions with the United States Financial Accounting Standards Board (FASB) during January and February 2007 to discuss the measurement issue in conjunction with their joint-conceptual framework.

The objective of the round-table discussions is to hear the views of representative IASB and FASB constituents on measurement early in the measurement phase of the conceptual framework project.

IASB is committed to developing in the public interest a single set of high quality global accounting standards.
For more information please visit the following website: www.iasb.org