At its meeting on May 17-19, 2016, the IASB received an update on feedback in respect of this project obtained since November 2015. That feedback was obtained during meetings with the Global Preparers Forum and Accounting Standards Advisory Form and in the responses to the Agenda Consultation 2015. The Board decided: (i) not to perform any further research on this topic; (ii) that there is no need to seek feedback from stakeholders on that decision or on the staff's findings; and (iii) that there is no need to publish a formal research paper or discussion paper summarizing the research performed in this project. The staff will consider how best to make the work performed visible and retrievable. All of the Board members agreed with these decisions.

Review the IASB Update on the IASB's Web site.