Trustee review of the IFRS Interpretations Committee

  • IFRS IC (IFRS Interpretations Committee) (blue) Image

26 Oct 2010

The IFRS Foundation Trustees' Due Process Oversight Committee is carrying out a review of the Interpretations Committee (formerly known as IFRIC) in order to assess its effectiveness.

The Trustees are seeking input into their review by means of a questionnaire, which covers the following matters:

  • Objectives and scope of activities of the Interpretations Committee
  • Membership
  • Operating procedures
  • Agenda criteria
  • Outputs from the Committee
  • Communications
  • Leadership
  • Interaction with the IASB.

The closing date for completion of the questionnaire is 31 January 2010. The Trustees are expected to publish a report from their review of the Interpretations Committee in the first half of 2011.

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