1-2 August 2005, London

Monday 1 August 2005

• Administrative matters
• Minutes of the June 2005 IFRIC meeting
• IFRIC D12 - D14 Concessions, including IAS 17 – Sale and leasebacks with repurchase options
• IAS 34 – Interaction with IAS 36 and IAS 39
• IAS 19 Employee Benefits – Measurement
• Consideration of recommendations of Agenda Committee as tabled at June meeting of IFRIC from March/April Agenda Committee meeting

  Deferred at June meeting

  • IAS 7 Value-added tax
  • IAS 12 Non-amortisable intangible assets
  • IAS 17 Recognition of operating lease incentives under SIC-15
  • IAS 39 Accounting for securities sold but not yet purchased (short trading)
  Newly tabled at June meeting
  • IAS 11 Classification of contract assets
  • IAS 37 Obligations to repair/maintain another entity's property, plant, and equipment
  • IAS 38 Regulatory asset
  • IAS 39 Meaning of delivery – Gold hedging

   

Tuesday 2 August 2005

• IAS 19 Employee Benefits – Defined contribution/defined benefit distinction and allocation of future salary increases
• IAS 19 Employee Benefits – Effect of minimum funding requirement on the asset ceiling
• Tabling from June Agenda Committee of wording for issues proposed for rejection
  • Employee long-service leave
  • Employee share loan plans
  • Discretionary participation features
  • Single asset entities
• Activities of other interpretive bodies