Global Standards for the world economy

Thursday 23 March 2017

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Research pipeline

The research pipeline


After considering the feedback from the 2015 Agenda Consultation, the Board created a research pipeline of future research projects. These are not currently active, but the Board expects to start, or restart, work on them before the next Agenda Consultation, which is expected to start around 2021.

Click on the project name for more information on that project.

Research project Description Comments
Equity Method The equity method is used in accounting for investments in associates and joint ventures and is permitted for use in separate financial statements. The project had been assessing whether practice problems could be addressed by amending the equity method or whether a more fundamental review is needed. The Board plans no further work until the Post-implementation Review (PIR) of IFRS 11 Joint Arrangements is undertaken.
Pollutant Pricing Mechanisms This project had been assessing whether the Board should consider addressing any diversity that may exist in accounting for pollutant pricing mechanisms (including emissions trading schemes). The Board plans no further work until the revised Conceptual Framework is closer to finalisation.
Provisions This project had been assessing whether the Board should consider amending any aspects of IAS 37 Provisions, Contingent Liabilities and Contingent Assets in the light of possible changes to the Conceptual Framework. The Board has completed its discussion of the staff’s initial research. It plans no further work until the revised Conceptual Framework is closer to finalisation.
Extractive Activities This project would assess whether the Board should introduce accounting requirements for exploration, evaluation, development and production of minerals, and oil and gas. No work has yet been done on this project.
Variable and Contingent Consideration The Board will determine the scope and objective of this project when it becomes an active project.

Once the Board has considered this topic, there may be a need for some follow up research on risk-sharing and collaborative arrangements.
The IFRS Interpretations Committee has considered this topic but has been unable to conclude on all of the issues because of interactions between several Standards.

Feasibility studies Description Comments
High Inflation: Scope of IAS 29 The project’s objective will be to assess whether it would be feasible to extend the scope of IAS 29 Financial Reporting in Hyperinflationary Economics to cover economies subject to only high inflation, without amending other requirements of IAS 29. If the research establishes that it would not be feasible to extend the scope of IAS 29 in this way, the staff expects to recommend no work on IAS 29.
Pension Benefits that Depend on Asset Returns The project’s objective will be to assess whether it would be feasible to develop an approach that focuses on the relationship between the cash flows included in the measurement of those benefits and the discount rate. If the research establishes that this approach would not be feasible, the staff expects to recommend no work on pensions.
SMEs that are Subsidiaries The project’s objective will be to assess whether it would be feasible to permit SMEs to use the recognition and measurement requirements in IFRS Standards and the disclosure requirements in the IFRS for SMEs. If the research establishes that this approach would not be feasible, the staff expects to recommend no work in this area.