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IASB issues work plan update

  • IFRS - IASB Image

Sep 28, 2015

On September 28, 2015, following its September meeting, the International Accounting Standards Board (IASB) updated its work plan. The IASB expects that the new leases standard will be finalized before the end of the year.

Updates regarding the implementation projects now include an exposure draft of proposed changes that would address the conflicts arising from the different effective dates of IFRS 9 and IFRS 4. As noted, these proposals would include an overlay and a deferral approach. The exposure draft is expected to be released "within three months".

Review the revised IASB work plan on the IASB's Web Site.

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