The International Accounting Standards Board (IASB) today announced the members of its Financial Instruments Consultative Group (FICG).
The FICG is a newly established group to support the IASB’s projects related to financial instruments by providing specialist technical knowledge and practical insights. Specifically, the group will:
- advise the IASB on projects related to accounting for financial instruments;
- provide specialist input to supplement consultations with the Global Preparers Forum and the Capital Markets Advisory Committee; and
- improve the efficiency, effectiveness and transparency of IASB technical consultations through regular public meetings.
The FICG comprises 17 members from a variety of jurisdictions and backgrounds. Membership consists of preparers from both financial and non-financial institutions and users of financial statements.
The group's meetings will be open to the public, streamed live and recorded. Agenda papers and recordings of meetings will be available from the Financial Instruments Consultative Group page.
