May 18, 2017
On May 18, 2017, the International Accounting Standards Board (IASB) updated its work plan following its May 2017 meeting. There were no major changes with the exception of the insurance contracts project being removed from the active projects due to the issuance of IFRS 17.
Below is an analysis of all changes made to the work plan since the last update in April 2017.
Research projects
Major projects
Narrow-scope amendments
IFRS Taxonomy
The revised IASB work plan is available on the IASB's website.
May 23, 2017
Our Global firm has published comment letters on IFRS Interpretations Committee tentative agenda decisions on IAS 12, IAS 19, IAS 32, IAS 33, IAS 41, IFRS 1, and IFRS 9, as published in the March 2017 IFRIC Update.
More information about the issues is set out below:
Review all our comment letters to the IASB, IFRS Foundation, and IFRS Interpretations Committee on our Global IAS Plus website.
May 22, 2017
In May 2017, the We Mean Business coalition expressed its support for the recommendations of the Task Force on Climate-related Financial Disclosure (TCFD) convened by the Financial Stability Board (FSB).
The We Mean Business coalition has released a statement and key recommendations to the G20 leaders expressing support for the recommendations of the TCFD.
Deloitte is among one of the companies that is committed to action, as part of the We Mean Business coalition.
Review the Statement and key recommendations on the We Mean Business coalition's website.
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