IASB issues amendments to IAS 27 to allow the use of the equity method in separate financial statements
September 02, 2014
Following its July meeting, the International Accounting Standards Board (IASB) has again updated its work plan.
The revised plan updates the expected redeliberation periods in the insurance contacts, leases and IFRS for SMEs projects, and extends the expected timing for the exposure draft in the conceptual framework project. The plan also reflects the IASB's decision to discontinue the 2013-2015 cycle of annual improvements in favour of a new 2014-2016 cycle, and updates the expected timing of board discussions on a number of research projects.