The IASB has started the post-implementation reviews of IFRS 15 Revenue from Contracts with Customers and the impairment requirements in IFRS 9 Financial Instrument and is now conducting Phase 1 outreach activities on both projects. The purpose of the Phase 1 outreach is to identify application matters for which the IASB will seek further feedback by publishing requests for information. The IASB plans to publish both requests for information in the first half of 2023.

The IASB is seeking to engage preparers of financial statements in Africa to learn about their experience of applying the requirements in IFRS 9 and IFRS 15 and their views on matters for the IASB to consider in the post-implementation reviews of the Standards.