September 4, 2005
Roundtable Discussion’s on FASB’s Business Combo Proposal
From the FASB: The FASB and the IASB will hold public roundtable discussions with respondents to their June 30, 2005 Exposure Drafts, Business Combinations, and Consolidated Financial Statements, Including Accounting and Reporting of Noncontrolling Interests in Subsidiaries. Those discussions are scheduled for Thursday, October 27, 2005, in Norwalk, Connecticut, and Wednesday, November 9, 2005, in London, England. All FASB members and certain IASB Board members are expected to participate in the Norwalk roundtables. All IASB members and certain FASB members are expected to participate in the London roundtables.
Individuals or organizations interested in participating in the roundtable discussions should submit a request to participate via email to director@fasb.org by September 15, 2005. That request must specify the date and location of the preferred roundtable and the name, title, affiliation, telephone number, and email address of the individual that will participate. Due to space limitations, participation is limited to one individual per organization. Organizations wishing to participate in both roundtables may request to do so and, depending on space availability, may be invited to participate in both discussions.
Individuals and organizations that want to participate in the roundtable discussions are required to submit their comment letter on the Exposure Drafts or a summary of key issues that will be raised in their comment letter by September 23, 2005. We will use the draft comments and summaries solely for the purposes of the roundtable and selecting participants.
The FASB will notify individuals about their selection status by September 30, 2005.