IFRS for Microsoft Dynamics AX - 6 Gen

ED = Exposure Draft 2010 20114Q 1Q 2Q 2H+Other Joint ProjectsInsurance Contracts 4 ED issued RConsolidation: Policy and Procedures 5● Voting Interest Entities ED issued R● Investment Companies E FQ4Reporting Discontinued Operations 6 E FQ4Balance Sheet—Offsetting 3 E, R FNote 1: The above timeline is based on a progress report published by the FASB and IASB (―the Boards‖) on November 29,2010 and was obtained from the FASB website.Note 3: Both Boards have projected the same timeline for final statement issuance.Note 4: The FASB will determine its next steps on the Insurance Contracts Project after considering the input received on itsSeptember 2010 Discussion Paper and by the IASB on its project. The IASB plan to issue a final standard on InsuranceContracts in Q2 2011.Note 5: The IASB expects to issue final consolidation guidance in the first quarter of 2011.Note 6: The IASB expects to propose changes to the disclosure requirements for discontinued operations through its annualimprovement project.37