Latest revision: 27 October 2005

The IASB has now published a Discussion Paper to contribute to the debate on management commentary and to seek views on the topic from interested parties.

Last revision: 24 March 2006 

This project is being undertaken because existing measurement standards and practices are inconsistent and a number of major measurement issues remain unsettled. The coverage of measurement in the Framework is limited and out of date.  This project is to provide the IASB and its partner standard setters with a conceptual basis to revise and expand the measurement aspects of their conceptual frameworks.

Latest revision: 24 May 2006

The extractive industries (mining and oil & gas) are important economic sectors in many economies and few jurisdictions have accounting standards in this area.  The Board has asked a group of national standard-setters (from Australia, Canada, Norway and South Africa) to undertake a comprehensive research project that will form the first step towards the development of an acceptable approach to resolving accounting issues that are unique to upstream extractive activities.