The basis for conceptualizing the technology of food dehydration process’ inclusion in the high school curriculum and in the vocational course offering is to provide an option window for secondary level students to acquire skills and knowledge aside from the basics taught in the other subjects that can lead to a path to entrepreneurship and income generation. Prior to the revision of the basic secondary curriculum, the focus was preparing students for higher education less in knowledge base which required critical thinking skills rather than occupational learning.
The IASB continued its discussions on the staff draft for measurement bases. As per request of the Board, the draft only included two categories of measurement bases: current and historical measures. The Board agreed with the staff paper with one sweep issue remaining, being the definition of the fulfilment value. This issue will be discussed at the November IASB meeting. In addition, the Board discussed consequential amendments to the existing standards that will become necessary once the Exposure Draft on the Conceptual Framework is finalised. The Board agreed that potential inconsistencies between the standards and the proposed Framework will be summarised in the Basis for Conclusions to the Exposure Draft and that references to the previous version of the Framework will be updated. However, the Board did not agree on any further changes to the standards. After agreeing that all required due process steps had been taken, the Board gave the staff the permission to ballot the Exposure Draft with a comment period of 150 days. Four Board members expressed concerns about several issues that could potentially have them dissent from the Exposure Draft.
In the table below, the Notes column identifies when the framework document listed is a compiled version. “Extra” identifies when additional IASB supporting material (. Basis for Conclusions) is available. The date shown in the Issue Date column is either the date the framework document was approved by the AASB or the date of the most recent amendment by the AASB included in the compiled version. The Operative Date indicates the beginning (or end) of the first annual reporting period to which the framework document applies.