IASB issues work plan update
February 09, 2015
After its January meeting, the IASB has updated its work plan.
The revised plan moves — from the first quarter to the second quarter of 2015:
(1) the targeted date for an exposure draft (ED) on elimination of gains and losses arising from transactions between an entity and its associate or joint venture and
(2) the feedback statement on the post-implementation review for IFRS 3.
In addition, the work plan adds a new project on remeasurement related to a plan amendment, curtailment, or settlement/availability of a refund of a surplus from a defined benefit plan (an ED is targeted for the second quarter of 2015).