Updated IASB work plan — Analysis
27 Oct, 2017
Following the IASB's October 2017 meeting, we have analysed the IASB work plan to see what changes have resulted from the meeting and other developments in October. Changes mostly relate to pronouncements having been published, comment letter deadlines having ended, and clarifications of upcoming dates of issuing prononouncements.
Below is an analysis of all changes made to the work plan since our last analysis on 22 September 2017.
Maintenance project
- Accounting policy changes (changes in accounting policies that result from agenda decisions published by the IFRS Interpretations Committee) — exposure draft is now expected in first quarter of 2018.
- Classification of Liabilities — final amendments are now expected in the second half of 2018.
- Long-term interests in associates and joint ventures — the work plan reflects that the final amendments have been published.
- Improvements to IFRS 8 — Feedback statement on exposure draft is now expected in November 2017.
- Plan amendment, curtailment or settlement — final amendments are now expected in January 2018.
- Prepayment features with negative compensation — the work plan reflects that the final amendments have been published.
Research projects
- Financial instruments with characteristics of equity — a discussion paper is now expected in the first half of 2018.
- Principles of disclosure — feedback statement on the discussion paper is now expected in the first quarter of 2018.
Other projects
- IFRS Taxonomy update for prepayment features with negative compensation — New entry added to work plan. Feedback statement on the proposed update is expected in the first quarter of 2018.
The above is a faithful comparison of the IASB work plan at 22 September 2017 and at 27 October 2017. For access to the current IASB work plan at any time, please click here.
Related Topics
- IAS 28 — Long-term interests in associates and joint ventures
- IAS 8 — Accounting policy changes
- IAS 19/IFRIC 14 — Remeasurement at a plan amendment, curtailment or settlement / Availability of a refund of a surplus from a defined benefit plan
- IFRS 9 — Prepayment features with negative compensation
- Clarifications arising from the post-implementation review of IFRS 8
- Disclosure initiative — Principles of disclosure
- Financial instruments with characteristics of equity
- IAS 1 — Classification of liabilities