IFRS Foundation Monitoring Board publishes work plan

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Aug 02, 2016

On August 2, 2016, the IFRS Foundation Monitoring Board, responsible for the oversight of the IFRS Foundation, published its work plan. The Board expects that it will carry out the activities in the “near-term”.

The Monitoring Board organized its plan into three sections, work related to:

  • Trustees’ oversight of the IASB — Provide comments on the IASB’s due process arrangement and refer agenda items to the Trustees.
  • Trustees — Review (1) the Trustees’ Review of Structure and Effectiveness and (2) the June 2016 proposal to amend the IFRS Foundation Constitution. The Monitoring Board also plans to review the Trustees’ financial arrangements and participate in the Trustee nomination process.
  • Monitoring Board — Conduct a periodic review of existing Monitoring Board members and consider rotating members.

The work plan is available on the IASB's website.

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