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IASB tweaks its work plan

01 May 2012

The IASB has released an updated work plan, dated 23 April 2012, which updates the expected timing of various projects. There is only one change, deferring the timing of the post-implementation review of IFRS 3. However, there are a number of milestones expected the coming months.

The post-implementation review of IFRS 3 Business Combinations will now not be initiated before the third quarter of 2012 (previously expected in the second quarter).

The following are the milestones expected to be reached  by the end of June 2012:

Click for IASB work plan as of 23 April 2012 (link to IASB website). We have updated our project pages to reflect the updated work plan and other known developments.