Tuesday, June 21, 2011

The IASB has formally announced that it will be undertaking for the first time a public agenda consultation on its future work plan.


In February 2010 the Trustees of the IFRS Foundation, the IASB's oversight body, announced enhancements to their governance arrangements, including the decision to undertake a three-yearly public consultation on the IASB's future technical agenda, in addition to consulting the Trustees and the IFRS Advisory Council annually on the existing and future agenda.

A paper (link to IASB website) being considered at this week's IFRS Advisory Council Meeting (see below) outlines the expected timetable for the consultation process:

See full Press Release.