Post-implementation review — IFRS 10, IFRS 11, and IFRS 12



The IASB carries out a post-implementation review of each new IFRS or major amendment. This is normally carried out two years after the new requirements have become mandatory and been implemented.

The objectives of a post-implementation review, according to the IASB's Due Process Handbook, are:

  • to review the important issues that had been identified as contentious during the development of the pronouncement
  • to consider any unexpected costs or implementation problems that have been encountered.

This page covers the IASB's post-implementation review of IFRS 10 Consolidated Financial Statements, IFRS 11 Joint Arrangements, and IFRS 12 Disclosure of Interests in Other Entities.


Current status of the project

This project has been completed. The IASB published Project Report and Feedback Summary 'Post-implementation Review of IFRS 10, IFRS 11 and IFRS 12' on 20 June 2022.


Project milestones

Date Development Comments
September 2019 Joint post-implementation review of the three standards added to the IASB agenda
9 December 2020 Request for information published Comments requested by 10 May 2021
20 June 2022 Project report and feedback summary published Based on the evidence gathered, the IASB assessed that none of the matters arising from the post-implementation review were of high or medium priority.


Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.