On the major projects, the change in the Leases project is the only one. The move from "within six months" to "within three months" logically derives from the fact that the IASB intends to publish a final standard before the year is out. On all other major projects next project steps may or may not have been pushed back by two months since the last work plan update in July.

Updates regarding the implementation projects now include an expected exposure draft of proposed changes that would address the conflicts arising from the different effective dates of IFRS 9 and IFRS 4. As noted, these proposals would include an overlay approach and a deferral approach. The exposure draft is expected "within three months".

Finally, for the following implementation projects the status has been changed from "within six months" to "within three months":

• Exposure draft on Clarifications Arising from the Post-implementation Review (Proposed amendments to IFRS 8);
• Decision on project direction on Clarifications to IFRS 15 Revenue from Contracts with Customers: Issues emerging from TRG discussions; and
• Decision on project direction on Remeasurement at a Plan Amendment, Curtailment or Settlement / Availability of a Refund of a Surplus from a Defined Benefit Plan (Proposed amendments to IAS 19 and IFRIC 14).

On all other implementation projects next project steps may also have been pushed back by two months or not.

The revised IASB work plan is available on the IASB's Web site.