International Financial Reporting Standards (IFRSs) are developed through an international consultation process, the "due process", that involves interested individuals and organisations from around the world.

The due process comprises six stages, with the Trustees having the opportunity to ensure compliance at various points throughout:

1. Setting the agenda
2. Planning the project
3. Developing and publishing the discussion paper
4. Developing and publishing the exposure draft
5. Developing and publishing the standard
6. After the standard is issued

Due process inquiries

Please address any questions about the due process in the first instance to:

• Tamara Oyre, Assistant Corporate Secretary
  Email: toyre@iasb.org
  Telephone: +44(0)20 7246 6493