Updated IASB work plan — Analysis (May 2021)

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May 28, 2021

On May 28, 2021, the International Accounting Standards Board (IASB) updated its work plan following its May 2021 meeting.

Below is an analysis of all changes made to the work plan since our last analysis on April 30, 2021.

Standard-setting projects

  • Management commentary —  ED/2021/6 was published on 27 May 2021 with comments requested by 23 November 2021; feedback to the exposure draft is expected to be discussed in H1 2022
  • Rate-regulated activities — feedback to the exposure draft is now expected to be discussed in Q4 2021 (previously H2 2021)

Maintenance projects

Research projects

  • Extractive Activities — a decision on the project direction is now expected in July 2021 (previously Q3 2021)
  • Goodwill and Impairment — feedback on the discussion paper was discussed at the IASB's May meeting; a decision on the future project direction is expected in Q3 2021
  • Post-implementation Review of IFRS 10-12 — feedback on the request for information is now expected to be discussed in July 2021 (previously Q3 2021)

Other projects

  • no changes

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

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