|
IFRIC Interpretations are developed in accordance with a due process of consultation and debate, including making draft Interpretations available for public comment.
The IFRIC due process comprises seven stages:
- Identification of issues
- Setting the agenda
- IFRIC meetings and voting
- Development of a draft Interpretation
- The IASB's role in the issue of a draft Interpretation
- Comment period and deliberation
- The IASB's role in an Interpretation
|
Related documents
- Our Due Process Handbook for the IFRIC describes the consultative arrangements in full.
Download now [PDF, 468 KB]
- In December 2007, constitutional changes were announced, enlarging the IFRIC from 12 to 14 members and amending the quorum and voting requirements.
Download the extract [PDF]
|