Members of the IASB discuss with DPOC progress on major projects, in relation to the due process being conducted.
DPOC reviews comments from interested parties on IASB due process as appropriate.
This issue was discussed on the basis of publicly available agenda papers at the Interpretations Committee meetings in:
- July 2011;
- September 2011;
- November 2011;
- January 2011; and
- March 2011.
The Interpretations Committee webpages were updated by the staff after every meeting in which this issue was discussed.
A project webpage was created after the September 2012 IASB meeting.
The results of the discussions of the Interpretations Committee were also summarised in the IFRIC Update for each meeting.
Afterwards, the IASB discussed the issue at its September 2012 meeting and decided to add this issue to its agenda and to propose the amendment to IFRS 11 and IFRS 1 as set out in the Exposure Draft.