Below is an analysis of all changes that were made to the work plan since our last analysis on 1 October 2019.

Stan­dard-set­ting projects

• Primary Financial Statements — Exposure draft is expected in December 2019 (previously fourth quarter of 2019).

Main­te­nance projects

• 2019 Comprehensive Review of the IFRS for SMEs Standard — the request for information is now expected in the first quarter of 2020 (previously fourth quarter of 2019)
• Accounting Policies and Accounting Estimates — dis­cus­sions on the project direction happened in October 2019 (previously fourth quarter of 2019).
• Onerous Contracts — Cost of Fulfilling a Contract (Amendments to IAS 37) — An IFRS amendment is expect in the first half of 2020.

Research projects

• Dynamic Risk Management — core model will occur in December 2019 (previously fourth quarter of 2019).
• Financial Instruments With Characteristics of Equity — decision on the project’s direction will occur in the first quarter of 2020 (pre­vi­ously fourth quarter of 2019).
• Pensions Benefits That Depend on Asset Returns — Research review is expected in December 2019 (previously fourth quarter of 2019).
• Post-Implementation Review of IFRS 10, IFRS 11 and IFRS 12 — This project is now under research (previously listed under maintenance projects).
• Provisions — Research review is expected in January 2020 (previously fourth quarter of 2019).
• Subsidiaries That Are SMEs — Research review is expected in January 2020 (previously fourth quarter of 2019).

Other projects

• IFRS Taxonomy Update — Interest Rate Benchmark Reform (Amend­ments to IFRS 9, IAS 39 and IFRS 7) —a proposed IFRS Taxonomy Update was issued in October 2019. Feedback update is expected in December 2019.

The above is a faithful com­par­i­son of the IASB work plan at 1 October 2019 and at 25 October 2019. For access to the current IASB work plan at any time, please click here.