Below is an analysis of all changes made to the work plan since our last analysis on 23 November 2021.

Stan­dard-set­ting projects

• Rate-reg­u­lated ac­tiv­i­ties —  Project is now in the IFRS Standard phase, no expected timeline is given.

Main­te­nance projects

• Availability of a Refund (Amendments to IFRIC 14) — Decision on the direction of the project is expected in February 2022.
• Initial Application of IFRS 17 and IFRS 9 — Comparative Information (Amendment to IFRS 17) — Removed from work plan since the issuance of final amendments.
• Lease Liability in a Sale and Leaseback — Project is now in the IFRS amendment phase, no expected timeline is given.
• Supplier Finance Arrangements — Feedback on the exposure draft is expected in H1 2022.

Research projects

• Business Combinations under Common Control — Discussion on feedback from discussion paper is now expected in January 2022 (pre­vi­ously December 2021).
• Dynamic Risk Management — Decision of the direction of the project is expected in Q2 2022 (previously Q1 2022).
• Goodwill and Impairment — Decision of the direction of the project is expected in H2 2022 (previously Q2 2022).
• Pension Benefits that Depend on Asset Returns — Project summary is now expected in Q2 2022 (previously H1 2022).

Other projects

• IFRS Taxonomy Update — 2021 Tech­nol­ogy Update — Feedback on proposed update is expected in Q1 2022.
• IFRS Taxonomy Update — Amendments to IAS 1, IAS 8 and IFRS Practice Statement 2 — IFRS Taxonomy Update is now expected in February 2022 (previously December 2021).
• IFRS Taxonomy Update — Initial Application of IFRS 17 and IFRS 9 — Comparative Information — Feedback on proposed update is expected in February 2022.
• Third Agenda Consultation — Feedback statement is expected in H2 2022.

The above is a faithful com­par­i­son of the IASB work plan at 23 November 2021 and 17 December 2021. For access to the current IASB work plan at any time, please click here.