Updated IASB work plan — Analysis
21 Jul 2017
Following the IASB's July 2017 meeting, we have analysed the IASB work plan to see what changes have resulted from the meeting and other developments in the month of July. Changes are minor and the main message is that the IASB does currently not intend to issue any pronouncements until September 2017.
General remarks
The IASB continues to not date its work plans any longer, but has re-introduced the possibility of creating a PDF version of the work plan at any given time for personal use. To achieve this, use the "Print this tab" link near the top of the page and then choose creating a PDF.
Below is an analysis of all changes made to the work plan since our last analysis on 28 June 2017.
Standard-setting projects
- No changes
Maintenance projects
- IFRIC 14 — Availability of a refund of a surplus from a defined benefit plan — final amendments are now expected in the first half of 2018 (was: fourth quarter of 2017)
- A new project "Accounting policy changes (Amendments to IAS 8)" has been added to the work plan. This goes back to the Board's June 2017 discussions when the Board tentatively decided to amend IAS 8 to lower the impracticability threshold regarding retrospective application of voluntary changes in accounting policies that result from agenda decisions. An exposure draft is currently expected in the first half of 2018.
- IAS 28 — Long-term interests in associates and joint ventures (split out from the annual improvement process 2015-2017) is now expected to see final amendments in October 2017 (was: September 2017)
- The two remaining issues of the annual improvement process 2015-2017 were set to see final amendments in July 2017. This has been changed to the fourth quarter of 2017.
- IAS 19 — Remeasurement at a plan amendment, curtailment or settlement — final amendments are now expected in the first half of 2018 (was: fourth quarter of 2017)
- IFRS 9 — Prepayment features with negative compensation — discussions this week have clarified that final amendments are expected in October 2017
Research projects
- Discount rates — a research report is now expected in the first half of 2018 (was: September 2017)
- IFRS 2 — Research project on share-based payments — a research report is now expected in the first half of 2018 (was: September 2017)
Other projects
- No changes
The above is a faithful comparison of the IASB work plan at 28 June 2017 and at 21 July 2017. For access to the current IASB work plan at any time, please click here.
Related Topics
- IAS 28 — Long-term interests in associates and joint ventures
- Annual improvements — 2015-2017 cycle
- IFRS 9 — Prepayment features with negative compensation
- IFRS 2 — Research project on share-based payments
- Discount rates
- IAS 19/IFRIC 14 — Remeasurement at a plan amendment, curtailment or settlement / Availability of a refund of a surplus from a defined benefit plan