Updated IASB work plan — Analysis (May 2020)

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May 25, 2020

On May 25, 2020, the International Accounting Standards Board (the Board) updated its work plan following its May 2020 meeting.

Below is an analysis of all changes made to the work plan since our last analysis on April 24, 2020.

Standard-setting projects

  • no changes

Maintenance projects

Research projects

  • Dynamic risk management — core model outreach has been clarified to take place in fourth quarter of 2020 (previously second half of 2020)

Other projects

  • IFRS Taxonomy update — Amendments to IFRS 17 and IAS 16 — a project newly added to the work plan; a proposed taxonomy update is expected in July 2020
  • IFRS Taxonomy update — Covid-19-related rent concessions (Amendment to IFRS 16) — a project newly added to the work plan; a proposed taxonomy update is expected in May 2020

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

 

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