In developing new IFRS Standards and major amendments to IFRS Standards, the IASB carries out a research project to gather evidence about the problem to be solved and assess whether a feasible solution can be found before starting a standard-setting project. The Board may then move a research project to standard-setting to develop a new Standard or substantially amend an existing Standard.
Insights
The latest global insights and knowledge from RSM, to help you move forward with confidence. Explore cutting-edge analysis and forward-thinking perspectives on the key issues facing businesses and organisations around the world.