During the 2011 Agenda Consultation, mixed views were expressed on how effective IFRS 2 had been in practice. Many respondents commented on the Standard’s complexity. It has also attracted a large number of interpretation requests.
The objective of the project is to identify the most common areas of complexity and—whenever possible—their main causes. To achieve this, the project will identify and explore main application issues that arise in practice.
The initial output of the Research Project is expected to be a Research Paper, which would enable respondents to the 2015 Agenda Consultation to consider whether the IASB should do more on this subject.