UKEB Work Plan 15th July 2025
UKEB Work Plan—Endorsement Projects
15 July 2025
| Project | Issued | Effective Date | Last UKEB milestone | Jul 2025 | Sep 2025 | Oct 2025 | Nov 2025 | Dec 2025 | Jan 2026 |
|---|---|---|---|---|---|---|---|---|---|
| IASB Standard-Setting Projects | |||||||||
| IFRS 18 Presentation and Disclosure in Financial Statements | 09/04/24 | 01/01/27 | PIP published 03/04/24 | Board: Summary of feedback received on the DECA | Board: Summary of feedback received on the DECA | Board: ECA, Adoption Statement, FBS and draft DPCS | Board: DPCS (noting) | ||
| IFRS 19 Subsidiaries without Public Accountability: Disclosures1 | 09/05/24 | 01/01/27 | PIP | Board: PIP | Board: Sections of DECA | Board: Sections of DECA | Board: DECA (Approval) | ||
| Contracts Referencing Nature-dependent Electricity (Amendments to IFRS 9 and IFRS 7) | 18/12/24 | 01/01/26 | DECA published 10/3/25 | Board: ECA, Adoption Statement, FBS and draft DPCS | Board: DPCS (noting) |
UKEB Work Plan—Influencing Projects
15 July 2025
| Project | Issued | Last UKEB milestone | Status | Jul 2025 | Sep 2025 | Oct 2025 | Nov 2025 | Dec 2025 | Jan 2026 |
|---|---|---|---|---|---|---|---|---|---|
| IASB Standard-Setting Projects | |||||||||
| IASB Maintenance Projects | |||||||||
| IASB Research Projects | |||||||||
| Statement of Cash Flows and Related Matters | IASB: Decide Project Direction Q4 2025 | Board: Research Paper | Board: Discussion | ||||||
| Post-implementation Review of IFRS 16 Leases | RFI 17/06/25 | PIP published 27/06/25 | IASB: RFI consultation ends 15/10/25 | Board: DCL | Board: FCL, FBS, draft DPCS | Board: DPCS (noting) | |||
| Intangible Assets | Research Published 05/2024 | IASB: Decide Project Direction 2026 | Board: PIP | Board: Draft Research Report |
UKEB Work Plan—Monitoring of IASB/ISSB projects
| Project | Issued | IFRS Status: Next Milestone | IFRS Status: Expected Date | UKEB Status: 15 July 2025 | UKEB Status: Last Milestone |
|---|---|---|---|---|---|
| IASB Standard-Setting Projects | |||||
| Business Combinations—Disclosures, Goodwill and Impairment | ED 14/03/24 | Decide Project Direction | 2026 | FCL: 07/2024 | |
| Dynamic Risk Management | DP 17/04/14 | Exposure Draft | Q4 2025 | ||
| Equity Method of Accounting | ED 19/09/24 | Decide Project Direction | Q4 2025 | FCL: 12/2024 | |
| Financial Instruments with Characteristics of Equity | ED 29/11/23 | Final amendments | 2026 | FCL: 04/2024 | |
| Rate-regulated Activities | ED 28/01/21 | IFRS Standard | Q4 2025 | FCL: 07/2021 | |
| IASB Maintenance Projects | |||||
| Climate-related and Other Uncertainties in the Financial Statements | ED 31/07/24 | Final Illustrative Examples | Q4 2025 | FCL 11/2024 | |
| Updating IFRS 19 Subsidiaries without Public Accountability: Disclosures | ED 30/07/24 | Final amendments | August 2025 | FCL 11/2024 | |
| Provisions—Targeted Improvements | ED 12/11/24 | Decide Project Direction | Q4 2025 | FCL 03/2025 | |
| IASB Research Projects | |||||
| Intangible Assets | - | Decide Project Direction | 2026 | Research Report 5/2024 | |
| Amortised Cost Measurement (IFRS 9) | - | Exposure Draft | 2026 | ||
| IFRS Foundation Governance Projects | |||||
| IASB Fourth Agenda Consultation | - | RFI | Q4 2025 |
UKEB Work Plan—Deferred projects
(As explained in the UKEB's Regulatory Strategy 2024/25)
15 July 2025
| Project | Issued | IFRS Status: Next Milestone | IFRS Status: Expected Date | UKEB Status: Last Milestone | UKEB Status: Notes |
|---|---|---|---|---|---|
| IASB Maintenance Projects | |||||
| Translation to a Hyperinflationary Presentation Currency (IAS 21) | ED 25/07/24 | Final amendments | Q4 2025 |
Glossary
| Term | Description |
|---|---|
| DECA | Draft Endorsement Criteria Assessment |
| DCL | Draft Comment Letter |
| DP | Discussion Paper |
| DPCS | Due Process Compliance Statement |
| ECA | Endorsement Criteria Assessment |
| ED | Exposure Draft |
| FBS | Feedback Statement |
| FCL | Final Comment Letter |
| IASB | International Accounting Standards Board |
| PIP | Project Initiation Plan |
| RFI | Request for Information |
| TAD | Tentative Agenda Decision |
Dates are indicative only and subject to change. Any queries please contact us at [email protected]