Updated IASB work plan — Analysis
Sep 03, 2019
On September 3, 2019, the International Accounting Standards Board (the Board) updated its work plan following its August 2019 meeting.
Below is an analysis of all changes that were made to the work plan since our last analysis on July 29, 2019.
Standard-setting projects
- No changes
Maintenance projects
- Amendments to IFRS 17 — Discussions on feedback received on the exposure draft is expected to occur in November 2019 (previously fourth quarter of 2019)
- Disclosure initiative — Accounting policies — An exposure draft was published on 1 August 2019, discussions on the feedback received on the exposure draft are expected begin in November 2019
- IBOR reform and its effects on financial reporting (Phase 1) — discussions on the feedback received on the exposure draft were concluded in August 2019, the staff will prepare the final amendments for publication (no date given)
- IBOR reform and its effects on financial reporting (Phase 2) — newly added to the work plan, no date given for the planned exposure draft
Research projects
- SME Implementation Group draft Q&A — newly added o the work plan, discussion of the feedback on the draft Q&A is expected to begin in the fourth quarter of 2019
Other projects
- Updated IFRS Foundation Due Process Handbook — Discussions on feedback received on the exposure draft is expected to occur in October 2019 (previously fourth quarter of 2019)
The revised IASB work plan is available on the Board's website.