The IASB and the FASB will organise three round-tables - one each in Asia, Europe and North America.

The purpose of these public round-tables is to gather input on reporting issues arising from the global financial crisis - including responses by governments, regulators and others.

This should enable the boards to act rapidly and the advisory group, once established, to advance its deliberations efficiently.

The first round-table was held in London on 14 November 2008.