Updated IASB work plan — Analysis (February 2020)
Feb 28, 2020
On February 28, 2020, the International Accounting Standards Board (the Board) updated its work plan following its February 2020 meeting.
Below is an analysis of all changes made to the work plan since our last analysis on January 31, 2020.
Standard-setting projects
- Disclosure initiative — Subsidiaries that are SMEs — Project has been retitled to include disclosure initiative. No expected date is given on the current stage in the process.
Maintenance projects
- Accounting policy changes (amendments to IAS 8) — A decision on the project direction is expected in the second quarter of 2020.
- Disclosure initiative — Accounting policies — the Board discussed feedback on its exposure draft in its February 2020 meeting and removed the expected date for this stage from the work plan.
Research projects
- Post-implementation Review of IFRS 10, IFRS 11 and IFRS 12 — Research review is expected in March 2020 (previously February 2020).
Other projects
- Due Process Handbook — the revised Due Process Handbook is expected in April 2020.
The revised IASB work plan is available on the Board's website.