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IFRS in Focus newsletter highlights due process improvements from the IASB's Agenda Consultation process

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02 Aug 2011

Deloitte's Global Office has issued 'IFRS in Focus — IASB issues request for views on agenda consultation'.

The IFRS in Focus Newsletter provides an overview of the IASB's Agenda Consultation 2011 (see also our earlier story), noting the important enhancement it provides to the IASB's due processes:

 

The agenda consultation reflects that, for the first time in its history, the IASB is able to look at its agenda in a comprehensive and critical manner. In the past it has always been playing catch-up, dealing with inherited issues following IOSCO directives, the issues following European transition in 2005, the convergence issues with US Standard-setters and the financial crisis agenda. Now the IASB can set its own agenda based on the needs of stakeholders.

 

Click for IFRS in Focus — IASB issues request for views on agenda consultation (PDF 67k).

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