Outstanding exposure drafts - IFRS
| Title | Description | Next step date |
|---|---|---|
| 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. | Sep 01, 2021 |
| 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. | Sep 30, 2021 |
| Initial Application of IFRS 17 and IFRS 9―Comparative Information (Amendments to IFRS 17) [ED] | The IASB is developing a narrow-scope amendment to the transition requirements of IFRS 17, Insurance Contracts. | Sep 27, 2021 |
| 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. | Oct 21, 2021 |
| Post-implementation Review of IFRS 10, IFRS 11 and IFRS 12 [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. | Jul 31, 2021 |
| Management Commentary (Wider corporate reporting) [ED] | This purpose of this project is to revise and update the “Management Commentary Practice Statement” issued in 2010. | Nov 23, 2021 |
| 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. | Dec 31, 2021 |
| Lease Liability in a Sale and Leaseback [ED] | The objective of this project is to amend IFRS 16 to specify how the seller-lessee applies the subsequent measurement requirements in IFRS 16 to the lease liability that arises in a sale and leaseback transaction. | Sep 30, 2021 |
| 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 | Dec 31, 2021 |