IASB Work Plan - Projected timetable as at 30 June 2008


The timetable (also available to download in PDF) shows the current best estimate of document publication dates.

The effective date of amendments and new standards is usually 6-18 months after publication, although in setting an effective date the Board considers all relevant factors. In appropriate circumstances, early adoption of new standards will be allowed.

Documents currently open to comment can be viewed on the Open to Comment page.
 

 

Last document issued

Estimated publication date

Estimated issuance of final document

2008
Q3

2008
Q4

2009
H1

2009
H2

2010

ACTIVE AGENDA

New standards and major projects

Common control transactions

 

 

 

 

 

 

TBD

Consolidation

[Note 2]

 

 

ED

IFRS

 

 

 

Emissions trading schemes

[Note 2]

 

ED

IFRS

 

Fair value measurement guidance

[Note 1]

DP

 

 

 

ED

 

IFRS

 

Financial statement presentation

[Notes 1,2]

DP

 

ED

2011

Government grants

[Note 3]

 

 

 

TBD

IFRS for Private Entities [SME]

ED

IFRS

Income taxes

[Notes 1,2]

ED

IFRS

Insurance contracts

DP

ED

2011

Leases

[Notes 1,2]

DP

ED

2011

Liabilities

[Note 4]

ED

IFRS

Management commentary

DP

ED

CG

Post-employment benefits(including pensions)

DP

ED

2011

Revenue recognition

[Notes 1,2]

DP

ED

2011

Amendments to standards

Annual improvements

 

ED

 

IFRS

Earnings per share: treasury stock method (IAS 33)

[Note 2]

ED

 

IFRS

 

        

Financial instruments: eligible hedged items (IAS 39)

ED

IFRS

 

 

First-time adoption of IFRSs (IFRS 1): additional exemptions

 
 

ED

IFRS

Joint ventures

ED

IFRS

 

Non-current assets held for sale and discontinued operations (IFRS 5)

[Note 2] 

ED

IFRS

        

Related party disclosures (IAS 24)

ED

IFRS

        

Share-based payment: group cash-settled share-based payment transactions (IFRS 2 and IFRIC 11)

ED

IFRS

       

Conceptual Framework

Phase A: Objectives and qualitative characteristics

ED

 

Final chapter

 

Phase B: Elements and recognition

 

 

 

 

DP

ED

2011

Phase C: Measurement

 

 

 

DP

 

ED

2011

Phase D: Reporting entity

DP

 

 

 

ED

TBD

Phase E: Presentation and disclosure

Phase F: Purpose and status

Phase G: Application to not-for-profit entities

 

 

 

 

 

 

 

Phase H: Remaining Issues

 

RESEARCH AGENDA

Derecognition

[Notes 1,2]

 

 

TBD

Extractive activities

DP

TBD

Financial instruments (replacement of existing standards)

[Notes 1,2]

DP

 

 

TBD

Intangible assets

[Note 6]

 

 

 

TBD

Liabilities and equity

[Notes 1,7]

DP

 

ED

2011

Key to abbreviations

Notes

  1. This project is part of the Memorandum of Understanding that sets out the milestones that the FASB and the IASB have agreed to achieve in order to demonstrate standard-setting convergence.
  2. Project is being conducted as a joint project with the FASB.
  3. Work on this project has been suspended.
  4. The project on Liabilities deals with proposed amendments to IAS 37.
  5. The IASB and the FASB will amend sections of their conceptual frameworks as they complete individual phases of the project.
  6. In December 2007, the IASB decided not to add this project to its active agenda.
  7. Project is being conducted as a 'modified joint' project with the FASB.