Below is an analysis of all changes made to the work plan since our last analysis on February 23, 2018.

Standard-setting project

• Conceptual Framework — The revised framework is to be expected next week.

Maintenance projects

• Accounting policies and accounting estimates (amendments to IAS 8) — After discussion at the March IASB meeting, the next milestone has changed from "exposure draft feedback" to "decide project direction". No date has been given.
• Accounting policy changes (amendments to IAS 8) — the work plan states "March 2018" (unchanged entry) and a separate communication confirms that an exposure draft will be published on March 27, 2018.
• Definition of a business (amendments to IFRS 3) — An IFRS amendment is expected in June 2018 (previously set to Q2 2018).
• Disclosure initiative — Definition of material (amendments to IAS 1 and IAS 8) — this project has been changed from "standard-setting" to "maintenance". Exposure draft feedback is still expected in April 2018.
• Disclosure initiative — Targeted standards-level review of disclosures — newly added to the work plan. The Board will decide project direction in June 2018.
• Improvements to IFRS 8 Operating Segments (amendments to IFRS 8 and IAS 34) — The Board discussed this topic at its March meeting. A feedback statement is now expected in H2 2018.

Research projects

• Business combinations under common control — A discussion paper is expected in H1 2019.
• Disclosure initiative — Principles of disclosure — After this topic was discussed at the March IASB meeting, the next milestone on the work plan was changed from "decide project direction" to "discuss remaining issues" in June 2018.
• Discount rates — Research summary is expected in June 2018.
• Financial instruments with characteristics of equity — A discussion paper is expected in June 2018.
• Post-implementation review of IFRS 13 Fair Value Measurement — After a discussion at its March meeting, the IASB added an expected date of H2 2018 for its feedback statement.
• Share-based payment — Research summary is expected in June 2018.

Other projects

• IFRS Taxonomy Update—2017 Annual Improvements — The final update was removed from the IASB’s work plan, as the 2018 IFRS Taxonomy was issued on March 16, 2018.
• IFRS Taxonomy Update — Common Practice (IFRS 13) — A proposed updated is expected in June 2018.
• IFRS Taxonomy Update — Prepayment features with negative compensation (amendments to IFRS 9) — This was removed from the IASB’s work plan, as the Update was published on March 16, 2018.

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