Chair: Gavin Francis, Deputy Chief Accounting Officer, HSBC

This group addresses accounting issues of significance from a cross-border perspective, including such questions as provisioning, hedge accounting, fair-value measurement, disclosure, and IFRS-US GAAP convergence.  It participates in regular dialogue with the International Accounting Standards Board, the Financial Accounting Standards Board, and the Accounting Experts’ Group of the Basel Committee, the Financial Stability Board (FSB), the U.S. SEC, and IOSCO.