In March 2017, the Board published a Discussion Paper to obtain feedback on possible approaches to address the disclosure problem.
After reviewing the evidence gathered, the Board decided that improving the way disclosure requirements are developed and drafted in IFRS Standards is the most effective way it can help to solve the disclosure problem. Consequently, the Board decided to prioritise its Targeted Standards-level Review of Disclosures project.
The Board also decided to address research findings about:
The Board decided not to pursue the remaining topics in the Discussion Paper at this time. The Project Summary published in March 2019 completes this research project.