At its meeting on September 20, 2017, the IASB tentatively decided to perform further work to assess whether it can establish a more principles-based approach in IFRIC 14 for an entity to assess the availability of a refund of a surplus.

The Board also tentatively decided to: (i) finalize, without re-exposing, the amendments to IAS 19 separately from the amendments to IFRIC 14; and (ii) require entities to apply the amendments to IAS 19 to annual reporting periods beginning on or after 1 January 2019, with earlier application permitted.

The Board expects to issue amendments to IAS 19 in December 2017. The Board will further consider the amendments to IFRIC 14 at a future meeting.

Review the IASB Update and podcast on the IASB's Web site.