06 May 2022

IASB states priorities

Multiple-choice questions: In order to be awarded CPD units you must answer the following five random questions correctly. If you fail the test, please re-read the article before attempting the questions again

  1. How many items were listed on the IASB’s shortlist for the April 2022 meeting?

  2. Which of these is not being added to the list of projects?

  3. How many items are included on the reserve list, to only be considered if capacity becomes available?

  4. Which, if any, of the following statements are true? Statement 1 - A climate-related risks project would be separate from the potential new set of sustainability standards, or statement 2 - The climate-related risks project would likely only result in narrow-scope amendments

  5. Which of these has been added to the research pipeline?

  6. How often does the IASB do its agenda consultation?

  7. Where has the project on climate-related risks been added?

  8. Which, if any, of the following statements are true? Statement 1 - Only three projects have been added to the maintenance and research pipelines, or Statement 2 - The project on intangible assets is likely to consider all aspects of accounting for intangible items

  9. What post-implementation review is NOT mentioned as a priority?

  10. Neither statement