TOPIC

International issues
in Accounting

Future consideration

Visit the website of the IASB (www.ifrs.org)
and the AASB (www.aasb.com.au)

Required

A . Find our the
major issues currently on the agenda for consideration in future accounting
standards, and present a report to the class on the basic requirements of those
standards.

B . Determine and report to the class on the latest issues
being discussed by the IASB and the FASB in their joint project of revising the
conceptual framework.