Updated IASB and ISSB work plan — Analysis (March 2024)
26 Mar, 2024
Following the IASB and ISSB meetings this month, we have analysed the work plan on the IFRS Foundation website to see what changes have resulted from the meetings and other developments since the work plan was last revised in February 2024. Changes are few, but the work plan reveals that three IASB publications are to be expected later this week.
Below is an analysis of all changes made to the work plan since our last analysis on 29 February 2024.
Standard-setting projects
- Business combinations — Disclosures, goodwill and impairment — Following the publication of the exposure draft on 14 March 2024, the next expected project step is now the discussion of the feedback received expected to begin in H2 2024
- Financial instruments with characteristics of equity — Discussion of the feedback received on the exposure draft is now expected to begin in May 2024 (previously Q2 2024)
Maintenance projects
- Addendum to the exposure draft 'Third edition of the IFRS for SMEs Accounting Standard' — The exposure draft is now expected in March 2024 (previously April 2024)
- Amendments to the classification and measurement of financial instruments — Final amendments are now expected in May 2024 (previously Q2 2024)
IASB publications expected in March (i.e. this week)
- Addendum to the exposure draft 'Third edition of the IFRS for SMEs Accounting Standard' — see above
- IFRS Accounting Taxonomy Update — Amendments to IAS 12, IAS 21, IAS 7 and IFRS 7 — as part of the IFRS Accounting Taxonomy 2024
- IFRS Accounting Taxonomy Update — Common practice (Financial instruments) and general improvements — as part of the IFRS Accounting Taxonomy 2024
The above is a faithful comparison of the IASB and ISSB work plan at 29 February 2024 and 26 March 2024. For access to the current work plan at any time, please click here.
