IAS 37 — Items not added to the agenda

Background

This page presents a summary of items not added to the IFRS Interpretations Committee's agenda in relation to IAS 37 Provisions, Contingent Liabilities and Contingent Assets together with the Committee's public explanation of the reasons for not adding those items to its agenda.

Related Discussions

  • IAS 18, IAS 37 and IAS 39 — Regulatory assets and liabilities

  • Nov 14, 2012

  • The Interpretations Committee received a request seeking clarification on whether a regulatory asset or regulatory liability should be recognised in a particular situation in which a regulated entity is permitted to recover costs, or required to refund some amounts, independently of the delivery of future services.

  • IAS 37 — Inclusion of own credit risk in discount rate

  • Mar 10, 2011

  • The Interpretations Committee received a request for interpretation of the phrase ‘the risks specific to the liability’ and whether this means that an entity’s own credit risk (performance risk) should be excluded from any adjustments made to the discount rate used to measure liabilities.

  • IAS 37 — Deposits on returnable containers

  • May 08, 2008

  • The IFRIC was asked to provide guidance on the accounting for the obligation to refund deposits on returnable containers. In some industries, entities that distribute their products in returnable containers collect a deposit for each container delivered and have an obligation to refund this deposit when containers are returned by the customer. The issue is whether the obligation should be accounted for in accordance with IAS 39 'Financial Instruments: Recognition and Measurement'.

  • IAS 37 — Obligations to repair/maintain another entity’s property, plant and equipment

  • Aug 01, 2005

  • The IFRIC considered a suggestion made during its project on service concessions that it should take onto its agenda a separate project to interpret the requirements of IAS 37 'Provisions, Contingent Liabilities and Contingent Assets' in respect of obligations to repair or maintain another entity’s property, plant and equipment that the reporting entity uses.

All Related