Below is an analysis of all changes made to the work plan since our last analysis on 31 January 2020.
Standard-setting projects
- Disclosure initiative — Subsidiaries that are SMEs — Project has been retitled to indicate that the project is now considered as part of the disclosure initiative. No expected date is given on the current stage in the process.
Maintenance projects
- Accounting policy changes (amendments to IAS 8) — A decision on the project direction is expected in the second quarter of 2020.
- Availability of a Refund (Amendments to IFRIC 14) — the Board decided at its February 2020 meeting not to finalise the amendment, however, Board members could not reach a conclusion on whether to take this matter forward in a different context or format.
- Disclosure initiative — Accounting policies — the Board discussed feedback on its exposure draft in its February 2020 meeting and removed the expected date for this stage from the work plan.
Research projects
- Post-implementation Review of IFRS 10, IFRS 11 and IFRS 12 — Research review is expected in March 2020 (previously February 2020).
Other projects
- Due Process Handbook — the revised Due Process Handbook is expected in April 2020.
The above is a faithful comparison of the IASB work plan at 31 January 2020 and at 28 February 2020. For access to the current IASB work plan at any time, please click here.