IASCF trustees publish IFRIC's Due Process Handbook

  • IFRIC (International Financial Reporting Interpretations Committee) (blue) Image

22 Feb 2007

The trustees of the IASC Foundation (IASCF) have published the Due Process Handbook for the International Financial Reporting Interpretations Committee (IFRIC).

When the trustees initiated a review of the organisation's Constitution in November 2003, they identified the resources and effectiveness of the IFRIC as one of the major issues to review. In March 2005 the IASCF invited comment on a consultation paper IFRIC Review of Operations, and in May 2006 the trustees published the IFRIC due process handbook in draft for public comment. The Trustees approved an amended version at their meeting in January 2007. The Handbook may be downloaded from the IASB's Website. Click for Press Release (PDF 51k).

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