Updated IASB work plan — Analysis (January 2022)
28 Jan 2022
Following the IASB's January 2022 meeting, we have analysed the IASB work plan to see what changes have resulted from the meetings and other developments since the work plan was last revised in December 2021.
Below is an analysis of all changes made to the work plan since our last analysis on 17 December 2021.
Standard-setting projects
- Management Commentary — Discussion on the feedback from the exposure draft is expected in March 2022 (previously Q1 2022).
Maintenance projects
- Lack of Exchangeability (Amendments to IAS 21) — Decision on the direction of the project is expected in Q2 2022.
- Non-current Liabilities with Convenants (Amendments to IAS 1) — Discussion on the feedback from the exposure draft is now expected in Q2 2022 (previously H1 2022).
- Provisions — Targeted Improvements — Decision on the project’s direction is now expected in February 2022.
- Supplier Finance Arrangements — Feedback on the exposure draft is expected in Q2 2022 (previously H1 2022).
Research projects
- Business Combinations under Common Control — The direction of the project phase is the current milestone; no expected date is given.
- Equity Method — Decision of the direction of the project is expected in March 2022 (previously Q1 2022).
- Post-implementation Review of IFRS 10, IFRS 11 and IFRS 12 —Feedback statement is now expected in Q2 2022 (previously H1 2022).
- Post-implementation Review of IFRS 9 — Classification and Measurement —Discussion on the feedback to the request for information is now expected in March 2022 (previously H1 2022).
Other projects
- IFRS Taxonomy Update — 2021 Technology Update—Feedback on proposed update is expected in March 2022 (previously Q1 2022).
- IFRS Taxonomy Update — Initial Application of IFRS 17 and IFRS 9 — Comparative Information — IFRS Taxonomy Update is now expected in March 2022.
- Research Programme — Project has been added to the work plan; it is not a project in its own right, but rather offers an overview of all meetings where the Board was updated on the status of the research programme.
The above is a faithful comparison of the IASB work plan at 17 December 2021 and 28 January 2022. For access to the current IASB work plan at any time, please click here.
Related Topics
- Equity method of accounting
- IAS 1 — Classification of debt with covenants
- IAS 21 — Lack of exchangeability
- Management Commentary
- Post-implementation review — IFRS 10, IFRS 11, and IFRS 12
- Post-implementation review — IFRS 9 (Classification and measurement)
- Supplier finance arrangements
- Common control transactions
