Updated IASB work plan — Analysis

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Oct 26, 2018

On October 26, 2018, the International Accounting Standards Board (the Board) updated its work plan following its October 2018 meeting. Missing from the work plan is the fact that the Board has begun discussing possible amendments to IFRS 17, "Insurance Contracts" and plans to continue these discussions in the next months. Otherwise, changes to the work plan are few.

During its October meeting, the Board discussed the criteria the IASB® staff have developed for the Board to apply in assessing whether the concerns/issues identified by the staff warrants considering an amendment to IFRS 17. In a podcast, IASB member Darrel Scott noted that a decision is expected in 1-2 months. This is not reflected in the updated work plan yet.

Below is an analysis of all changes that were made to the work plan since our last analysis on September 25, 2018.

Maintenance projects

Research projects

Other projects

  • IFRS Taxonomy update — 2018 general improvements — A proposed update is expected in December 2018 (was: fourth quarter of 2018)

The revised IASB work plan is available on the Board's website.

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.