The G4+1 comprises members of national standard setting bodies from Australia, Canada, New Zealand, the United Kingdom and the United States of America, and representatives of the International Accounting Standards Committee. The Group met approximately four times a year from April 1993 to January 2001 to analyze and discuss financial reporting issues. In January 2001, the Group agreed to disband, given the commencement of activities by the newly restructured International Accounting Standards Board.

G4+1 Communiqués

January 2001 (PDF)

October 2000 (PDF)

July 2000 (PDF)

April 2000 (PDF)

December 1999 (PDF)

September 1999 (PDF)

June 1999 (PDF)

March 1999 (PDF)

November 1998 (PDF)

August 1998 (PDF)

The Group has also prepared a series of position papers and special reports to promote discussion of issues that may lead standard setters to develop new and improved accounting standards.

G4+1 Position Papers

Methods of Accounting for Business Combinations: Recommendations of the G4+1 for Achieving Convergence (PDF)

Reporting Financial Performance. Proposals for Change: Recommendations of the G4+1 (PDF)

G4+1 Special Reports

Future Events - A Conceptual Study of their Significance for Recognition and Measurement. Product number 01430.

Major Issues Related to Hedge Accounting. Product number 01460.

Provisions: Their Recognition, Measurement and Disclosure in Financial Statements. Product number 01470.

Accounting for Leases: A New Approach (1996 report). Product number 02150.

International Review of Accounting Standards Specifying a Recoverable Amount Test for Long-lived Assets. Product number 01570.

Reporting Financial Performance: Current Developments and Future Directions. Product number 02180.

Reporting Interests in Joint Ventures and Similar Arrangements. Product number 02230.

Accounting by Recipients for Non-Reciprocal Transfers, Excluding Contributions by Owners: Their Definition, Recognition and Measurement. Product number 02250.

Leases: Implementation of a New Approach (new for 2000). Product number 02280.

Accounting for Share-Based Payment. Product number 02300.

These special reports (English only) are available from the CICA priced $15.00 ($20.00 for non-members). To order contact www.cica.ca/Order, Fax (416) 204-3416, Tel 1-800-268-3793 or (416) 977-0748.

Staff support: Nancy Estey, CA
Phone no.: +1 (416) 204-3271.