IASB publishes Feedback Statement to set out its 2022-2026 priorities

The IASB had published the Request for Information on the Third Agenda Consultation in March 2021 and the comment period closed in September 2021. Based on the feedback received, the IASB has now released its Third Agenda Consultation Feedback Statement and Snapshot outlining its priorities for the next five years.

Following main strategic priorities are identified in the Feedback Statement:

• maintain the strategic direction and balance of the IASB’s activities while increasing slightly efforts to develop digital financial reporting and improving the understandability and accessibility of IFRS Accounting Standards;
• progress current projects; and
• add intangibles, statement of cash flows and climate-related risk in financial statements to the work plan.

The Feedback Statement and the Snapshot may be accessed here.