Below is an analysis of all changes made to the work plan since our last analysis on September 27, 2021.

Standard-setting projects

• Management commentary — Feedback on the exposure draft will now be discussed in Q1 2022 (previously H1 2022)
• Rate-regulated activities — The discussion of feedback to the exposure draft will continue in November 2021

Maintenance projects

• Initial application of IFRS 17 and IFRS 9 — Comparative Information — After discussion of the feedback received at the October 2021 meeting, final amendments are expected in December 2021
• IAS 21 — Lack of exchangeability — The discussion of feedback is now expected in January 2021 (previously Q1 2022)
• Lease liability in a sale and leaseback — a decision on the project direction is now expected in December 2021 (previously Q4 2021)

Research projects

• Business combinations under common control — Feedback received on the discussion paper will now be discussed in December 2021 (previously Q4 2021)
• Goodwill and impairment — A decision on the project direction is now expected in Q1 2022 (previously H1 2022)
• Pension benefits that depend on asset returns — The IASB decided at the October 2021 meeting to discontinue this project; the publication of a project summary will be the final project step (no date given)
• Post-implementation review of IFRS 10-12 — A feedback statement is now expected in H1 2022 (previously Q1 2022)
• Post-implementation review of IFRS 9 — A request for information was published on September 30, 2021, the discussion of the feedback received is expected in H1 2022

Other projects

• IFRS Taxonomy Update — 2021 General improvements and common practice — newly added to the work plan; a proposed update is expected in December 2021
• IFRS Taxonomy Update — Amendments to IAS 1, IAS 8 and IFRS Practice Statement 2 — a final update is now expected in December 2021 (previously November 2021)
• IFRS Taxonomy Update — Initial Application of IFRS 17 and IFRS 9 ― Comparative Information — newly added to the work plan; a proposed update is expected in December 2021
• Sustainability-related reporting — While the work plan still says that the discussion of the feedback on the exposure draft is expected to occur in October 2021, the publicly expected next step is a formal announcement of the current state of developments at COP26

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