Below is an analysis of all changes made to the work plan since our last analysis on June 28, 2021.

Standard-setting projects

• Disclosure Initiative — Subsidiaries that are SMEs — An exposure draft is now expected on July 26, 2021 (previously July 2021)
• The comment letter period on Disclosure requirements in IFRS Standards — A Pilot Approach has been extended to January 12, 2022 (previously October 21, 2021)

Maintenance projects

• Initial application of IFRS 17 and IFRS 9 — Comparative Information (Amendments to IFRS 17) — An exposure draft is still expected in July 2021, which would mean "next week"
• IAS 21 — Lack of exchangeability — An exposure draft is now expected Q4 2021 (previously H2 2021)

Research projects

• Business combinations under common control — Discussion paper feedback will now be discussed in Q4 2021 (previously H2 2021)
• Extractive activities — A decision on the project direction is now expected in September 2021 (previously July 2021)
• Goodwill and impairment — A decision on the project direction is now expected in September 2021 (previously Q3 2021)
• Post-implementation review of IFRS 10-12 — A feedback statement in H2 2022 is the new expected project milestone (previously discussion of request for information feedback to be discussed in July 2021)
• Post-implementation review of IFRS 9 — A request for information is now expected in September 2021 (previously Q3 2021)

Other projects

• After the comment period on IFRS Taxonomy 2021 Proposed Update 1 — Disclosure of Accounting Policies and Definition of Accounting Estimates has ended, the IASB will now discuss the feedback received in Q4 2021
• Feedback on the proposed amendments to the IFRS Foundation Constitution regarding setting up a potential ISSB — The discussion of feedback is now expected in October 2021 (previously H2 2021)
• Agenda consultation 2020 — The discussion of feedback is now expected in Q4 2021 (previously H2 2021)

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