The International Accounting Standards Board (IASB) published today, November 2, 20166, the conclusions from its recent Agenda Consultation and its five-year work plan for 2017-2021.
The main priority of IASB’s activities up to 2021 will be to improve the communication effectiveness of financial statements. In addition, IASB will also focus in the following period on completing large projects (such as the new insurance contracts standard and the revision of the Conceptual Framework), supporting the implementation of new IFRSs and reducing the number of research projects to ensure timely completion and to enable stakeholders to engage more fully in IASB’s activities.
For more information, please visit the related press release and the Agenda Consultation page on the IFRS Foundation website.
