IASB work plan updated

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30 Apr, 2013

The International Accounting Standards Board (IASB) has updated its work plan. Following its April meeting, the IASB changed the timing of expected milestones in macro hedge accounting, rate-regulated activities, and revenue recognition. Also, a number of updates to the narrow scope projects have been made.

Summary of changes

Details of the changes are:

Updates to major projects

Updates to narrow-scope projects

Projects where exposure drafts are expected in the second quarter include insurance contracts and leases. A discussion paper on the IASB's conceptual framework project is also expected in the second quarter. In addition, due process documents in a number of other projects are expected in the second or third quarters.

Click for IASB work plan dated 30 April 2013 (link to IASB website). We have updated our project pages to reflect the updated work plan and other known developments.

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