Research pipeline projects are projects that the IASB expects to start work on before its next five-yearly agenda consultation. There are three projects in the research pipeline:
The IASB’s decision to add these projects to the research pipeline was based on its analysis of feedback on its Third Agenda Consultation and the Post-implementation Review of IFRS 9—Classification and Measurement.
The IASB will first focus on work already under way, as well as any time-sensitive work. This means that the IASB may not make substantial progress on these projects immediately.
This project will aim comprehensively to review the accounting requirements for intangible assets. Initial research will seek to identify the scope of the project and how best to stage work on this topic to deliver timely improvements to IFRS Accounting Standards.
For further details, see paragraphs 34–41 in this agenda paper.
As part of its initial work on this project, the IASB will consider whether the project should aim comprehensively to review IAS 7 Statement of Cash Flows or make more targeted improvements.
For further details, see paragraphs 42–47 in this agenda paper.
This project will aim to review matters relating to the requirements in IFRS 9 Financial Instruments for amortised cost measurement that have been identified through the Post-implementation Review of IFRS 9—Classification and Measurement. In particular, it will consider modifications of financial assets and liabilities, the application of the effective interest method to floating rate financial instruments and the interaction of these two areas. The project may also consider any additional findings from the Post-implementation Review of IFRS 9—Impairment.
For further details, see Agenda Paper 3C for the July 2022 IASB meeting.
Maintenance pipeline include:
Maintenance pipeline projects are expected to be narrow in scope.
The IASB will consider whether to add a narrow-scope project to its work plan to specify how an entity accounts for the sale of a subsidiary when the entity leases back one or more of the assets held by the subsidiary. Read more details on the project page.
In May 2023, the IASB issued International Tax Reform—Pillar Two Model Rules, which amended IAS 12 Income Taxes. The amendments introduced:
The IASB continues to monitor developments related to the implementation of the Pillar Two model rules. It plans to undertake further work to determine whether to remove the temporary exception—or to make it permanent—after there is sufficient clarity about how jurisdictions implemented the rules and the related effects on entities.
The IASB will consider whether to add a narrow-scope project to its work plan to address the translation method applied:
Read more details on the project page.
The IASB will propose amendments to the prospective IFRS Accounting Standard Subsidiaries without Public Accountability: Disclosures for disclosure requirements issued since development of the Exposure Draft.
In response to the feedback on its Third Agenda Consultation, the IASB decided to create a reserve list of two projects.
Projects on the reserve list will be added to the work plan if, and only if, additional capacity becomes available before the IASB’s next five-yearly agenda consultation. Projects in the research pipeline will be prioritised ahead of those on the reserve list.
There are two projects on the reserve list:
A project on operating segments would aim to research:
The project would aim to develop specific requirements for pollutant pricing mechanisms. Initial research would consider whether the project should aim to address: