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Updated IASB work plan

  • IASB (International Accounting Standards Board) Image

Mar 26, 2013

After its March meeting, the IASB updated its work plan. The timing of expected milestones in a number of projects has been changed, and a number of new, expected project steps and narrow-scope projects have been added.

Summary of changes

Details of the changes are:

Updates to major projects

Newly added narrow-scope projects

Updates to narrow-scope projects

    A large number of due process documents are expected in the second or third quarter. Projects for which exposure drafts are expected in the second quarter include insurance contracts, leases, and rate-regulated activities (interim IFRS). In addition, the finalized IFRSs on revenue recognition is expected by the end of June 2013, and a discussion paper on the IASB's conceptual framework project is also expected within the same time frame. In addition, due process documents for a number of other projects are expected in the second or third quarter.

    Click for the IASB work plan dated March 25, 2013 (link to the IASB's Web site). We have updated our project pages to reflect the updated work plan and other known developments.

    Correction list for hyphenation

    These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.