Updated IASB work plan
Feb 27, 2017
On February 27, 2017, the International Accounting Standards Board (IASB) updated its work plan following its February 2017 meeting.
Below is an analysis of all changes made to the work plan since the last update in January 2017.
Standard-setting and related projects
- Insurance contracts — the expected issuance of the IFRS is now marked as being expected within the next three months (May).
Narrow-scope amendments
- Improvements to IFRS 8 resulting from the post-implementation review of IFRS 8 — the expected publication of an exposure draft is now expected in March. Previously, it was expected in April.
IFRS Taxonomy
- Taxonomy update on insurance contracts — The expected issuance is now marked as being expected within the next three months (May).
- Common practice (agriculture, leisure, franchises, retail and financial institutions) — This project has completed its public consultation phase and is now in the drafting phase.
The revised IASB work plan is available on the IASB's website.