Apresentação proferida durante o 6º. Seminário Internacional do CPC no CReCER realizado no hotel Grand Hayatt em São Paulo no dia 25/09/2009.

1. The Enduring Need for Strong International Standards Jan Engstrom Sao Paulo September 2009

4. IASB structure Standards Advisory Council Operations International Accounting Standards Board IFRIC Staff: technical 50 + admin 30 Working Groups Publications XBRL Education International Accounting Standards Committee Foundation Trustees International Monitoring Board

6. The world’s stock markets (US$ trillion)

10. Replacement financial instruments standard (#39) - timetable 2008 IASC Foundation | 30 Cannon Street | London EC4M 6XH | UK | www.iasb.org * The above is in addition to a project on derecognition of financial instruments. ED Derecognition was published in March 2009. Project phase Exposure Draft Finalisation 1. Classification and measurement July 2009 In time for 2009 year end financial statements 2. Impairment methodology October 2009 In 2010 3. Hedge accounting December 2009 In 2010

13. Due process Research National Standard Setters Discussion Paper Exposure Draft Standard Others Comment analysis Comment analysis Effective Date and local approval process!

14. Principle-based standards Principles Rules