Updated IASB and ISSB work plan — Analysis (April 2022)
29 Apr, 2022
Following the IASB's April 2022 meeting, we have analysed the work plan on the IFRS Foundation website to see what changes have resulted from the meeting and other developments since the work plan was last revised in March 2022. The work plan now also lists the projects of the ISSB.
Below is an analysis of all changes made to the work plan since our last analysis on 28 March 2022.
Standard-setting projects
- Climate-related disclosures — An ISSB project newly added to the workplan; feedback on the exposure draft will be discussed in H2 2022
- Disclosure initiative — Subsidiaries without public accountability: Disclosures — The IASB has now discussed the feedback to the exposure draft; the next project step will be a decision on the project direction expected in June 2022
- General sustainability-related disclosures — An ISSB project newly added to the workplan; feedback on the exposure draft will be discussed in H2 2022
- Management commentary — The IASB has now discussed the feedback to the exposure draft; the next project step will be a decision on the project direction (no date given)
- Second comprehensive review of the IFRS for SMEs — An exposure draft is now expected in Q3 2022 (previously H2 2022)
Maintenance projects
- Lease liability in a sale and leaseback — Final amendments are now expected in Q3 2022 (previously H2 2022)
- Non-current liabilities with covenants — Exposure draft feedback is now expected in June 2022 (previously Q2 2022)
- Supplier finance arrangements — Exposure draft feedback is now expected in June 2022 (previously Q2 2022)
Research projects
- Pension benefits that depend on asset returns — A concluding project summary has been published and the project has, therefore, been removed from the work plan
- Post implementation review of IFRS 10, IFRS 11, and IFRS 12 — A feedback statement is now expected in June 2022 (previously Q2 2022)
Other projects
- no changes
The above is a faithful comparison of the IASB and ISSB work plan at 28 March 2022 and 29 April 2022. For access to the current work plan at any time, please click here.
Related Topics
- Climate-related disclosures
- Disclosure initiative — Subsidiaries that are SMEs
- General requirements
- IAS 1 — Classification of debt with covenants
- IFRS 16 — Lease liability in a sale and leaseback
- Management Commentary
- Supplier finance arrangements
- Second comprehensive review of the IFRS for SMEs
- Post-implementation review — IFRS 10, IFRS 11, and IFRS 12
