The Interpretations Committee reviewed all disclosures encouraged (but not required) by IFRSs with the objective of either confirming that they are required or eliminating them.
The Interpretations Committee was informed that current Board projects are proposing the inclusion of disclosure principles in IFRSs, supplemented by example disclosures. In light of this approach to disclosure requirements, the Interpretations Committee assessed the issue against Annual Improvements current criteria of non-urgent but necessary.
The Interpretations Committee decided that it was not necessary to address this issue and that the criteria for including it within Annual Improvements were not met. Consequently, the Interpretations Committee decided to propose that the Board should not add this issue to Annual Improvements.