The IASB and the DPOC have discussed progress on major projects, in relation to the due process being conducted.
The IASB and the DPOC have reviewed the due process over the project life cycle, and how any issues about the due process have been/are being addressed. The DPOC has met with the Advisory Council to understand stakeholders’ perspectives.
The DPOC has reviewed and responded to comments on due process as appropriate.
The comment letter analysis prepared by the staff was discussed at the July 2013 meeting of the IFRS IC, and the October 2013 meeting of the IASB. The consequences of the application of the proposals in the ED were discussed in the December 2013 and February 2014 meetings of the IASB to check for unintended consequences. The IASB tentatively decided to finalise the amendment.
The project webpage contains full description and up-to-date information including the staff papers and links to the relevant sections of the IASB Update and the IFRIC Update.
The staff papers were posted in a timely fashion.