Françoise Flores joins the IASB just as the finishingtouches are being put to the future IFRS 17 – Insurance Contracts standard aswell as to the Conceptual Framework, which will provide the foundation forfuture standard-setting projects. After this, the IASB will begin a newchapter, focusing on better communication in financial reporting. It will focusparticularly on the presentation of financial performance, a topic that willsurely be of interest to all stakeholders. However, no major new standards arescheduled for the coming years.
While IFRS 15 and IFRS 9 do not become mandatory until 2018,in this issue we also list the new standards, amendments and interpretationsthat are applicable for the 2016 financial statements.