| 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). |
| Business Combinations under Common Control (Potential Amendments to IFRS 3) [DP] | The essence of the project is to identify whether and when an entity should continue to use the previous carrying amounts of a transferred business (carry-over accounting) and whether and when it should apply business combination accounting. |
| Disclosure initiative — Primary Financial Statements [ED] | The Primary Financial Statements project examines possible changes to the structure and content of the primary financial statements. |
| Disclosure initiative — Targeted Standards-level Review of Disclosures [ED] | The purpose of this project is to perform a targeted Standards-level review of disclosure requirements. |
| 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. |
| IFRS Accounting Taxonomy 2022, Proposed Update 2—Amendments to IFRS 16 and IAS 1 [ED] | The Proposed IFRS Taxonomy Update includes changes to the IFRS Accounting Taxonomy elements to reflect the new and amended disclosure requirements introduced by these amendments |
| IFRS Taxonomy, Proposed Update 1, General Improvements and Common Practice [ED] | The proposed changes aim to improve the quality of tagged data and to make the IFRS Accounting Taxonomy easier to use |
| Lack of Exchangeability (Possible Amendments to IAS 21) [ED] | The objective of this project is to undertake narrow-scope standard-setting on the spot exchange rate an entity uses when exchangeability between two currencies is lacking |
| Management Commentary (Wider corporate reporting) [ED] | This purpose of this project is to revise and update the “Management Commentary Practice Statement” issued in 2010. |
| Post-implementation Review of IFRS 9 – Classification and Measurement [RFI] | The IASB conducts a Post-implementation Review (PIR) of each new IFRS Standard or major amendment. A PIR is a mandatory step in the due process for new IFRS Standards or major amendments to IFRS Standards. |
| 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. |
| Supplier Finance Arrangements (Proposed amendments to IAS 7 and IFRS 7) [ED] | At its meeting on June 23. 2021, the Board decided to add a narrow-scope standard-setting project to its work plan on supplier finance arrangements. |