Below is an analysis of all changes that were made to the work plan since our last analysis on 25 October 2019.

Standard-setting projects

• No changes
  

Maintenance projects

• Accounting policies and accounting estimates — the IASB decided to issue an IFRS amendment (no date given)
• Amendments to IFRS 17 — final amendments are expected in Q2 2020
• Classification of liabilities as current or non-current — final amendments are now expected in January 2020 (previously Q1 2020)
• Deferred tax related to assets and liabilities arising from a single transaction — exposure draft feedback is now expected in Q1 2020 (previously no date given)
• Disclosure initiative — Targeted standards-level review of disclosures — an exposure draft is now expected in H2 2020 (previously no date given)
• Annual improvements to IFRSs 2018–2020 — the IASB discussed the feedback to the exposure draft and final amendments are expected in Q2 2020 on the following sub-projects:
  
  • Fees in the ‘10 per cent’ test for derecognition of financial liabilities
  • Lease incentives
  • Subsidiary as a first-time adopter
  • Taxation in fair value measurements
• IBOR reform and its effects on financial reporting — Phase 2 — an exposure draft is now expected in H1 2020 (previously no date given)
• Lack of exchangeability — newly added to the work plan and marked as "work in progress"
• Updating a reference to the conceptual framework — the IASB discussed the feedback to the exposure draft and will issue final amendments (no date given)

Research projects

• Dynamic risk management — core model outreach is planned for H1 2020
• Financial instruments with characteristics of equity — the project direction will now be decided in H2 2020 (previously Q1 2020)
• Pensions benefits that depend on asset returns — a research review is now expected in H2 2020 (previously December 2019)
• Post-implementation review of IFRS 10, IFRS 11 and IFRS 12 — there is no longer a dtate given for the research review (previously Q1 2020)

Other projects

• Due Process Handbook review — exposure draft feedback will now be discussed in December 2019 (previously October 2019)

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