International Financial Reporting Standard 3 Business Combinations (as revised in 2008) was approved for issue by eleven of the fourteen members of the International Accounting Standards Board. Professor Barth and Messrs Garnett and Smith dissented. Their dissenting opinions are set out after the Basis for Conclusions.

Sir David Tweedie                                                                    Chairman

Thomas E Jones                                                                     Vice-Chairman

Mary E Barth

Hans-Georg Bruns

Anthony T Cope

Philippe Danjou

Jan Engström

Robert P Garnett

Gilbert Gélard

James J Leisenring

Warren J McGregor

Patricia L O’Malley

John T Smith

Tatsumi Yamada