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Financial Instruments with Characteristics of Equity (Potential Amendments to IAS 32) [DP]
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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. |
Jun 30, 2020 |
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Disclosure initiative — Accounting Policies [ED]
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The objective of this project is to develop guidance and examples to help entities apply materiality judgements to accounting policy disclosure. |
Feb 28, 2020 |
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Annual Improvements to IFRSs 2018-2020 Cycle [ED]
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This project tracks developments in the annual improvements process for the 2018-2020 cycle. |
Apr 30, 2020 |
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Property, Plant and Equipment: Proceeds before Intended Use (Proposed Amendments to IAS 16) [ED]
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The purpose of this project is to clarify the accounting for the net proceeds from selling any items produced while bringing an item of property, plant and equipment (PPE) into use. |
Mar 31, 2020 |
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Reporting the Financial Effects of Rate Regulation [ED]
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This is the first step in the IASB’s project to develop a comprehensive IFRS standard for entities that have rate-regulated activities. |
Dec 31, 2020 |
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Disclosure initiative — Primary Financial Statements [ED]
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The Primary Financial Statements project examines possible changes to the structure and content of the primary financial statements. |
Jun 30, 2020 |
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Deferred Tax Related to Assets and Liabilities Arising from a Single Transaction (Amendments to IAS 12) [ED]
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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.
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Jun 30, 2020 |
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Accounting for Dynamic Risk Management: A Portfolio Revaluation Approach to Macro Hedging (Proposed amendments to IFRS 9) [ED]
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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). |
Jun 30, 2020 |
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Onerous Contracts—Cost of Fulfilling a Contract (Amendments to IAS 37) [ED]
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This project clarifies the meaning of the term "unavoidable costs" in the IAS 37 definition of an onerous contract. |
Jun 30, 2020 |
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Updating a Reference to the Conceptual Framework (Amendments to IFRS 3) [ED]
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The objective of this project is to decide whether and, if so, how to update IFRS 3 so that the Standard instead refers to the Conceptual Framework for Financial Reporting, which the Board issued in March 2018. |
Apr 30, 2020 |
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Amendments to IFRS 17, Insurance Contracts [ED]
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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. |
Jun 30, 2020 |
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IFRS Taxonomy Update—Interest Rate Benchmark Reform Part I (Amendments to IFRS 9, IAS 39 and IFRS 7) [ED]
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The IASB plans to make changes to the IFRS Taxonomy to reflect the disclosure requirements introduced by Interest Rate Benchmark Reform Part I |
Mar 31, 2020 |
