Exposure drafts

Title	Type
Accounting for Dynamic Risk Management: A Portfolio Revaluation Approach to Macro Hedging (Proposed amendments to IFRS 9) [ED]	Project
Accounting Policies and Accounting Estimates (Potential Amendments to IAS 8) [ED]	Project
Accounting policy changes (Potential Amendments to IAS 8) [ED]	Project
Amendments to IFRS 17, Insurance Contracts [ED]	Project
Classification of Liabilities as Current or Non-current (Amendments to IAS 1) [ED]	Project
Deferred Tax Related to Assets and Liabilities Arising from a Single Transaction (Amendments to IAS 12) [ED]	Project
Disclosure initiative — Accounting Policies [ED]	Project
Disclosure initiative — Primary Financial Statements [ED]	Project
Due Process Handbook Review [ED]	Project
Exposure drafts	LandingPageContent
Financial Instruments with Characteristics of Equity (Potential Amendments to IAS 32) [DP]	Project
Goodwill and Impairment [ED]	Project
IBOR Reform and the Effects on Financial Reporting – Phase II [ED]	Project
Narrow-scope amendments to IAS 19 and IFRIC 14 — Remeasurement on a plan amendment, curtailment or settlement [Completed] / Availability of a refund of a surplus from a defined benefit plan [ED]	Project
Reporting the Financial Effects of Rate Regulation [ED]	Project

Project	Description
Accounting for Dynamic Risk Management: A Portfolio Revaluation Approach to Macro Hedging (Proposed amendments to IFRS 9) [ED]	The DP represents the first stage in this project, by seeking public comment on a possible approach to accounting for an entity’s dynamic risk management activities, namely the portfolio revaluation approach (PRA).
Accounting Policies and Accounting Estimates (Potential Amendments to IAS 8) [ED]	The purpose of this project is to clarify the distinction between a change in an accounting policy and a change in an accounting estimate, in relation to the application of IAS 8.
Accounting policy changes (Potential Amendments to IAS 8) [ED]	This project addresses the challenges posed by the requirements in IAS 8 for voluntary changes in accounting policies, in particular, changes in accounting policies that result from agenda decisions published by the IFRIC.
Amendments to IFRS 17, Insurance Contracts [ED]	The objective of this project is to address concerns and implementation challenges raised since the IFRS 17 was issued and to consider whether there is a need to amend the Standard.
Classification of Liabilities as Current or Non-current (Amendments to IAS 1) [ED]	The amendments aim at a more general approach to the classification of liabilities under IAS 1 based on the contractual arrangements in place at the reporting date.
Deferred Tax Related to Assets and Liabilities Arising from a Single Transaction (Amendments to IAS 12) [ED]	The proposed narrow-scope amendment would narrow the initial recognition exemption in paragraphs 15 and 24 of IAS 12 so that it would not apply to transactions that give rise to both taxable and deductible temporary differences, to the extent the amounts recognized for the temporary differences are the same At its meeting on October 24, 2018, the International Accounting Standards Board discussed the IFRS Interpretations Committee’s recommendation to propose a narrow-scope amendment to IAS 12, Income Taxes. The proposed amendment relates to the recognition of deferred tax when an entity accounts for transactions, such as leases or decommissioning obligations, by recognizing both an asset and a liability.
Disclosure initiative — Accounting Policies [ED]	The objective of this project is to develop guidance and examples to help entities apply materiality judgements to accounting policy disclosure.
Disclosure initiative — Primary Financial Statements [ED]	The Primary Financial Statements project examines possible changes to the structure and content of the primary financial statements.
Due Process Handbook Review [ED]	The Due Process Oversight Committee decided to undertake a further review to ensure its Handbook continues to be fit for purpose.
Financial Instruments with Characteristics of Equity (Potential Amendments to IAS 32) [DP]	This is currently a joint research project with the FASB to address issues related to the guidance in IAS 32, Financial Instruments: Presentation, which distinguishes between asset and liability instruments (non-equity instruments) and equity instruments.
Goodwill and Impairment [ED]	The objective of this project is to consider how to address the three areas of focus identified in the Post-implementation Review of IFRS 3, Business Combinations.
IBOR Reform and the Effects on Financial Reporting – Phase II [ED]	The objective of this project is to assess the potential financial reporting implications when an existing interest rate benchmark is replaced with an alternative interest rate (replacement issues).
Narrow-scope amendments to IAS 19 and IFRIC 14 — Remeasurement on a plan amendment, curtailment or settlement [Completed] / Availability of a refund of a surplus from a defined benefit plan [ED]	Narrow-focus amendments to IAS 19, "Employee Benefits", and IFRIC 14, "The Limit on a Defined Benefit Asset, Minimum Funding Requirements and their Interaction"
Reporting the Financial Effects of Rate Regulation [ED]	This is the first step in the IASB’s project to develop a comprehensive IFRS standard for entities that have rate-regulated activities.

Project

Description

Accounting for Dynamic Risk Management: A Portfolio Revaluation Approach to Macro Hedging (Proposed amendments to IFRS 9) [ED]

The DP represents the first stage in this project, by seeking public comment on a possible approach to accounting for an entity’s dynamic risk management activities, namely the portfolio revaluation approach (PRA).

Accounting Policies and Accounting Estimates (Potential Amendments to IAS 8) [ED]

The purpose of this project is to clarify the distinction between a change in an accounting policy and a change in an accounting estimate, in relation to the application of IAS 8.

Accounting policy changes (Potential Amendments to IAS 8) [ED]

This project addresses the challenges posed by the requirements in IAS 8 for voluntary changes in accounting policies, in particular, changes in accounting policies that result from agenda decisions published by the IFRIC.

Amendments to IFRS 17, Insurance Contracts [ED]

The objective of this project is to address concerns and implementation challenges raised since the IFRS 17 was issued and to consider whether there is a need to amend the Standard.

Classification of Liabilities as Current or Non-current (Amendments to IAS 1) [ED]

The amendments aim at a more general approach to the classification of liabilities under IAS 1 based on the contractual arrangements in place at the reporting date.

The proposed narrow-scope amendment would narrow the initial recognition exemption in paragraphs 15 and 24 of IAS 12 so that it would not apply to transactions that give rise to both taxable and deductible temporary differences, to the extent the amounts recognized for the temporary differences are the same At its meeting on October 24, 2018, the International Accounting Standards Board discussed the IFRS Interpretations Committee’s recommendation to propose a narrow-scope amendment to IAS 12, Income Taxes. The proposed amendment relates to the recognition of deferred tax when an entity accounts for transactions, such as leases or decommissioning obligations, by recognizing both an asset and a liability.

Disclosure initiative — Accounting Policies [ED]

The objective of this project is to develop guidance and examples to help entities apply materiality judgements to accounting policy disclosure.

Disclosure initiative — Primary Financial Statements [ED]

The Primary Financial Statements project examines possible changes to the structure and content of the primary financial statements.

Due Process Handbook Review [ED]

The Due Process Oversight Committee decided to undertake a further review to ensure its Handbook continues to be fit for purpose.

Financial Instruments with Characteristics of Equity (Potential Amendments to IAS 32) [DP]

This is currently a joint research project with the FASB to address issues related to the guidance in IAS 32, Financial Instruments: Presentation, which distinguishes between asset and liability instruments (non-equity instruments) and equity instruments.

Goodwill and Impairment [ED]

The objective of this project is to consider how to address the three areas of focus identified in the Post-implementation Review of IFRS 3, Business Combinations.

IBOR Reform and the Effects on Financial Reporting – Phase II [ED]

The objective of this project is to assess the potential financial reporting implications when an existing interest rate benchmark is replaced with an alternative interest rate (replacement issues).

Narrow-scope amendments to IAS 19 and IFRIC 14 — Remeasurement on a plan amendment, curtailment or settlement [Completed] / Availability of a refund of a surplus from a defined benefit plan [ED]

Narrow-focus amendments to IAS 19, "Employee Benefits", and IFRIC 14, "The Limit on a Defined Benefit Asset, Minimum Funding Requirements and their Interaction"

Reporting the Financial Effects of Rate Regulation [ED]

This is the first step in the IASB’s project to develop a comprehensive IFRS standard for entities that have rate-regulated activities.

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.

Select language:

Centre for Financial Reporting

Centre for Financial Reporting

Deloitte User?

Centre for Financial Reporting

Exposure drafts

Correction list for hyphenation