Welcome to the website of the IFRS Foundation and the IASB

Tuesday 25 November 2014

Banner graphic

 Work plan—as at 24 November 2014

To access the project pages of these active projects, click on the respective project name in the table.

Next major project milestone
Upcoming Standards 2014
Q4
2015
Q1
2015
Q2
2015
Q3
Redeli-
berations
Target IFRS
(H2 2015)
Target amended IFRS for SMEs
Upcoming Exposure Drafts 2014
Q4
2015
Q1
2015
Q2
2015
Q3
Published Discussion Papers 2014
Q4
2015
Q1
2015
Q2
2015
Q3
Comment letter analysis
Rate-regulated Activities
[Comment period ends 15 January 2015]
Public consultation
Upcoming Discussion Papers 2014
Q4
2015
Q1
2015
Q2
2015
Q3
The Disclosure Initiative is a portfolio of Implementation and Research projects.
Next major project milestone
Narrow-scope amendments 2014
Q4
2015
Q1
2015
Q2
2015
Q3
Classification of liabilities
(Proposed amendment to IAS 1)
Target ED
Target IFRS
Target ED
Fair Value Measurement: Unit of Account
[Comment period ends 16 January 2015]
Public
consultation
Investment Entities: Applying the Consolidation Exception
(Proposed amendments to IFRS 10 and IAS 28)
Target IFRS
Recognition of Deferred Tax Assets for Unrealised Losses
(Proposed amendments to IAS 12)
[Comment period ends 18 December 2014]
Redeliberations
Next major project milestone
Post-implementation Reviews 2014
Q4
2015
Q1
2015
Q2
2015
Q3
Target Feedback Statement
2014
Q4
2015
Q1
2015
Q2
2015
Q3
Next major project milestone
Short- and medium-term projects 2014
Q4
2015
Q1
2015
Q2
2015
Q3
General disclosure review
TBD
Board discussion
Board discussion
Board discussion
Board discussion
Inflation
Board discussion
Performance Reporting
Board discussion
Longer-term projects 2014
Q4
2015
Q1
2015
Q2
2015
Q3
*Pending developments in the Conceptual Framework project.
The IASB is developing its research capabilities—for further information visit the IFRS Research Centre.
Major projects Issued
date
Effective
date
Year that PIR is expected to start*
July 2014
1 January 2018
TBC
January 2014
1 January 2016
TBC
May 2014
1 January 2017
TBC
* A Post-implementation Review normally begins after the new requirements have been applied internationally for two years, which is generally about 30-36 months after the effective date.
Narrow scope amendments Issued
date
Effective
date
Investment Entities
(Amendments to IFRS 10, IFRS 12 and IAS 27)
October 2012
1 January 2014
June 2013
1 January 2014
November 2013
1 July 2014
December 2013
1 July 2014
May 2014
1 January 2016
May 2014
1 January 2016
Agriculture: Bearer Plants
(Amendments to IAS 16 and IAS 41)
June 2014
1 January 2016
Equity Method in Separate Financial Statements
(Proposed amendments to IAS 27)
August 2014
1 January 2016
September 2014
1 January 2016
Annual Improvements 2012-2014
September 2014
1 January 2016
Interpretations Issued
date
Effective
date
May 2013
1 January 2014

The IASB is committed to carrying out regular public agenda consultations to seek formal input on the strategic direction and overall balance of our work programme. The feedback from our first formal consultation was published in December 2012.

Next major project milestone
2014 2015 2016  
Initiate second three-yearly public consultation