Updated IASB and ISSB work plan — Analysis (May 2022)
May 30, 2022
On May 30, 2022, the International Accounting Standards Board (IASB) updated its work plan following its May 2022 meeting. The work plan now also lists the projects of the ISSB.
Below is an analysis of all changes made to the work plan since our last analysis on April 29, 2022.
Standard-setting projects
- Contractual cash flow characteristics of financial assets — A project newly added to the work plan; the next project milestone will be an exposure draft (no date given) Dynamic risk management — This project has been moved from the research agenda to the standard-setting agenda
Maintenance projects
- Lack of exchangeability — A decision on the project direction is planned but there is no specified date (previously July 2022).
Research projects
- Extractive activities — A decision on the project direction is now expected in July 2022 (previously Q3 2022)
Other projects
- IFRS Sustainability Disclosure Taxonomy — A project newly added to the work plan; feedback on the staff request for feedback will be discussed in H2 2022
- Research program — This entry provided a history of research projects; it has been removed from the work plan
- Third agenda consultation — A feedback statement is now expected in July 2022 (previously Q3 2022)
The above is a faithful comparison of the IASB and ISSB work plan at April 29, 2022 and May 30, 2022.
The revised IASB work plan is available on the Board's website.