Below is an analysis of all changes made to the work plan since the last update in December 2016.

Research projects

• Disclosure initiative: Principles of Disclosure — the long awaited discussion paper is now expected in April

Standard-setting and related projects

• Disclosure initiative: Materiality (practice statement) — the expected publication of the practice statement has moved forward and is now given as "within 6 months"
• Insurance contracts — the expected issuance of the IFRS has been delayed to May since the fatal flaw review revealed some small issues that the staff wants to lay before the Board before finalising the draft

Nar­row-scope amend­ments

• Improvements to IFRS 8 resulting from the post-implementation review of IFRS 8 — the expected publication of an exposure draft is now expected in April
• Symmetric prepayment options — following yesterday's decision to take a related project onto the agenda, the IASB now announces that it expects to publish an exposure draft on the issue in April
• Annual improvements to IFRSs 2015-2017 — following the publication of an exposure draft of proposed amendments earlier this month, the project is now marked as being in consultation phase with a decision on the project direction expected "within 6 months"

IFRS Taxonomy

• In line with the delayed expected publication of the new insurance standard, the publication of a proposed related IFRS Taxonomy Update has also been pushed back to May

Post-implementation reviews

• After the IASB has decided to move forward with a post-implementation review of IFRS 13, it now announces that it expects to issue a request for information "within 6 months"

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