Report on the January 2022 IFRS Advisory Council meeting

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07 Feb, 2022

A summary report has been released of the meeting of the IFRS Advisory Council held by remote participation on 11 January 2022.

The participants discussed:

  • Agenda consultation — Main discussion points were the strategic direction and balance of the IASB’s activities, criteria for assessing the priority of accounting issues, and financial reporting issues that could be added to IASB’s work plan. Another topic that saw comprehensive discussion was the connectivity between the IASB and the ISSB. Lastly, participants discussed suggestions to partner further with national standard setters.
  • Post-implementation reviews — Participants discussed how to prioritise projects arising from post-implementation reviews.

The full meeting summary (8 pages) is available on the IASB's website.

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