The IASB regularly updates and publishes a project plan that outlines the timelines for the projects it is working on.

Instructions 

Using the IASB website (www.ifrs.org), identify new standards that have been recently released. Review the transitional provisions, if any, for each of these standards to find out when each becomes effective and whether it is to be prospectively or retrospectively applied. In addition, identify what else is on the work plan, and comment on what this tells you about accounting standards and financial reporting.