IASB updates work plan
Oct 21, 2016
On October 21, 2016, the IASB released its updated its work plan.
Changes to the work plan include:
Major projects
- No significant changes
Implementation projects
- A new project Property, Plant and Equipment: Proceeds before Intended Use has been added to the work plan as a consequence of the discussion of IFRS implementation issues this week. An exposure draft is expected after 6 months.
- Annual Improvements (2015-2017): An exposure draft is now expected in January 2017
Research projects
- Disclosure initiative — Principles of disclosure: A discussion paper is now expected in February 2017. During this week's meeting, the Staff revised the expected publication date of the discussion paper from mid-December 2016 to February 2017 in order to provide the Board with more time to focus on matters relating to the draft insurance standard.
Post-implementation reviews
- A decision on the project direction in the post-implementation review of IFRS 13 Fair Value Measurement is now expected within 3 months.
The revised IASB work plan is available on the IASB's website.