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IFRS Foundation Releases Annual Report

Annual Report released its annual report
* Issue the revised Conceptual Framework for Financial Reporting
* Advance the Better Communication in Financial Reporting initiative through work on the Primary Financial Statements, Principles of Disclosure and Management Commentary projects
* Publish a Discussion Paper on Financial Instruments with Characteristics of Equity
* Start work on projects in the research pipeline
* Research and develop a strategy that addresses the impact of technology on financial reporting and on the organization
* Complete the review of the Accounting Standards Advisory Forum
* Support the implementation of IFRS 17, including through the Transition Resource Group for IFRS 17 (four meetings scheduled for 2018)
* Maintain an effective IFRS Interpretations Committee process
* Develop additional education materials to support other Standards, including the IFRS for SMEs Standard
* Continue to grow its publications offering, including developing additional annotated books of Standards 
* Continue implementing its international strategy by deepening cooperation with other relevant international organizations and collaborating closely with national standard-setters
* Continue with effective stakeholder engagement initiatives
* Continue supporting jurisdictions and encouraging full adoption of IFRS Standards
* Continue implementating the new licencing model for use of the IFRS Foundation’s intellectual property
* Implement the action plan developed in response to the perception survey, including commencing the update of the Due Process Handbook
* Relocate to the new office premises in Canary Wharf
* Complete management team changes with the appointment of Lee White as Executive Director
* Improve staff engagement and enhance the Foundation's brand as an employer; increase the number of technical staff to effectively deliver the Board’s work plan and provide appropriate implementation support