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Fast track for Improvements Exposure Draft

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19 Feb 2002

At its meeting with the Standards Advisory Council yesterday, the IASB indicated that it intends to vote on all the proposals for the Improvements Project at its February Board meeting.

The Board expects to publish an Exposure Draft including proposals for all 14 standards addressed in the project in April 2002, with a 90-day comment period. It intends to issue revised standards in December 2002, effective for financial periods beginning on or after 1 January 2003. Revisions to IAS 32 and IAS 39 are a separate project, not part of the Improvements Project.

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