Consultation Document published by the International Accounting Standards Board (IASB) for comment only. Comments on the document need to be received by October 30, 2015.

The IASB’s current work plan is split into three main categories, which reflect the different stages of the standard-setting process:

• research projects, which are designed to help us better diagnose problem areas in financial reporting, and to consider whether change is warranted before proceeding;
• standard-setting projects, in which we move forward with a project to deliver fundamental improvements to IFRS—most likely resulting in amendments to existing requirements or the introduction of entirely new requirements; and
• maintenance and implementation projects, in which we fine-tune IFRS to deal with practical problems or a lack of consistency in applying the Standards.

The International Accounting Standards Board (IASB) has published this consultation document to gather views from all those interested in financial reporting on:

(a) the strategic direction and balance of the work plan of the International Accounting Standards Board (IASB); and

(b) whether three years is the appropriate period between future Agenda Consultations.

Comments are invited on the proposals in this Consultation Document, particularly on the question set out in it.

Invitation to comment

ASB invites comments on the Consultation Document from the public. The downloadable version of this document is available at:
http://www.ifrs.org/Current-Projects/IASB-Projects/IASB-agenda-consultation/2015-agenda-consultation/Documents/Request%20for%20Views_Agenda%20Consultation_AUG%202015.pdf

How to comment

Comments should be submitted using one of the following methods:

Further clarifications on this consultation document may be sought by e-mail to geetanshu.bansal@icai.in