EFRAG, ASB and OIC to Hold Outreach Meeting on Proactive Discussion Papers

The European Financial Reporting Advisory Group (EFRAG), the UK Accounting Standards Board (ASB) and the Italian standard setter (Organismo Italiano di Contabilità, OIC) will hold an outreach meeting on 16 April 2012 in London regarding discussion papers Accounting for business combinations under common control and Improving the Financial Reporting of Income Tax.

The meeting is designed to gather feedback from users in Italy and neighboring countries on the topics developed in the discussion papers. The feedback will then be used by the EFRAG, OIC and the ASB in future work with the IASB that relates to income taxes and business combinations under common control. Registration is requested by 30 March 2012.