Disclosure Initiative - Targeted Standards-level Review of Disclosures
- Research phase
- Hocine Kebli, Almudena Alcala, Ricardo Torres Ruiz-Olivares
On 21 March 2018, the IASB added a project to its agenda to perform a targeted Standards-level review of disclosure requirements.
The project was added in response to feedback on the Disclosure Initiative - Principles of Disclosure Discussion Paper (see EFRAG's project here).
The IASB is currently:
- developing guidance for itself to use when developing and drafting disclosure requirements; and
- testing the guidance by applying it to the disclosure requirements in IAS 19 Employee Benefits and IFRS 13 Fair Value Measurement
The IASB is discussing the project with a view to publishing an Exposure Draft of amendments to the disclosure requirements of the selected IFRS Standards in Q1 2020.