Draft update of the Due Process Handbook
In December, the Trustees of the IFRS Foundation published a draft update of the Due Process Handbook (which sets out the policies and procedures to be followed by the Foundation’s standard-setting bodies) to take account of the creation of the International Sustainability Standards Board (ISSB) in 2021.
The Due Process Handbook was last updated in 2020.
The proposed amendments mainly concern the ISSB’s standard-setting process, but also address certain International Accounting Standards Board (IASB) and IFRS Interpretations Committee (IFRS IC) processes.
The comments period runs until 28 March 2025.
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