IASB issues work plan update
Sep 28, 2015
On September 28, 2015, following its September meeting, the International Accounting Standards Board (IASB) updated its work plan. The IASB expects that the new leases standard will be finalized before the end of the year.
Updates regarding the implementation projects now include an exposure draft of proposed changes that would address the conflicts arising from the different effective dates of IFRS 9 and IFRS 4. As noted, these proposals would include an overlay and a deferral approach. The exposure draft is expected to be released "within three months".
Review the revised IASB work plan on the IASB's Web Site.
Related Topics
- Clarifications to IFRS 15, Revenue from Contracts with Customers: Issues Emerging from TRG discussions [Completed]
- Narrow-scope amendments to IAS 19 and IFRIC 14 — Remeasurement on a plan amendment, curtailment or settlement [Completed] / Availability of a refund of a surplus from a defined benefit plan [ED]
- IFRS 16, Leases [Completed]
- Amendments to IFRS 4: Applying IFRS 9 Financial Instruments with IFRS 4 Insurance Contracts [Completed]
