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 IASB discussed the project at its January 2013 and February 2013 meetings. The IASB will be presented with a comment letter analysis on the Exposure Draft at its May 2013 meeting. All board meetings have been held in public. Staff papers have been made available in advance of the IASB meeting on the IASB’s website.
The project website contains a full description with up-to-date information on the project. The proposed amendment is narrow in scope and occupies little of the IASB’s time. Given the limited nature of the project and the narrow scope of the proposed amendment, the IASB does not undertake a separate consultation with the Advisory Council.