Below is an analysis of all changes that were made to the work plan since our last analysis on November 17, 2018.

Standard-setting projects

• no changes

Maintenance projects

• Accounting Policies and Accounting Estimates — a decision on the project direction has been postponed to the second quarter of 2019 (was: December 2018)
• Accounting Policy Changes — after discussing the feedback to the exposure draft, the next project step is now given a decision on the project direction (no date given)
• Amendments to IFRS 17, Insurance Contracts — the IASB now acknowledges its decisions in November and December and has added a new project to its work plan; an exposure draft is expected in the first half of 2019
• Fees in the "10 per cent" test for Derecognition — an exposure draft is now expected in the first half of 2019 (no date given before)
• Improvements to IFRS 8, Operating Segments — a feedback statement is now expected in February 2019 (was: December 2018)
• Lease Incentives — an exposure draft is now expected in the first half of 2019 (no date given before)
• Onerous Contracts — Cost of Fulfilling a Contract — after publication of ED/2018/2 earlier this month, the next project step is now discussing feedback on the exposure draft in the first half of 2019
• Subsidiary as a First-time Adopter — an exposure draft is now expected in the first half of 2019 (no date given before)
• Taxation in Fair Value Measurements — an exposure draft is now expected in the first half of 2019 (no date given before)
• Updating a Reference to the Conceptual Framework — an exposure draft (tbc) is now expected in the first half of 2019 (no date given before)

Research projects

• Business Combinations under Common Control — a discussion paper is now expected in 2020 (was: second half of 2019)
• Discount Rates — a project summary in now expected in February 2019 (was: December 2018)
• Dynamic Risk Management — the core model is now expected in the second half of 2019 (was: first half of 2019)
• Goodwill and Impairment — a discussion paper or exposure draft is now expected in the second half of 2019 (no date given before)
• IBOR Reform and the Effects on Financial Reporting — an exposure draft is now expected in the first half of 2019 (was: December 2018)
• Post-implementation Review of IFRS 13, Fair Value Measurement — removed from the work plan as a summary report was published on December 14, 2018

Other projects

• IFRS Taxonomy Update — 2018 General Improvements — a proposed update was published on 6 December; the next project step is now discussing feedback on the proposed update (no date given)
• IFRS Taxonomy Update — Common Practice (IFRS 13) — an analysis of the feedback received is now expected in the first quarter of 2019 (was: January 2019)

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