Identification of matters
The IASB and the Interpretations Committee are responsible for the maintenance of IFRS.
All parties with an interest in financial reporting are encouraged to refer issues to the Interpretations Committee when they believe that it is important that the matter is addressed by the IASB or the Interpretations Committee. When issues are referred to the Interpretations Committee, it normally consults national accounting standard-setting bodies, regional bodies involved with accounting standard setting and securities regulators.
An issue may be put forward by any individual or organisation (see Propose an agenda item).
The IASB staff assess the issue and prepare an analysis concerning the scope of the issue and whether it meets the agenda criteria. The staff may seek input from members of the IASB, the Interpretations Committee and other knowledgeable parties.