September IFRS Interpretations Committee meeting notes
13 Sep 2013
We've posted Deloitte observer notes from the IFRS Interpretations Committee meeting which was held on 10-11 September 2013.
The topics discussed were as follows (click through to access detailed Deloitte observer notes for each topic):
Tuesday, 10 September 2013 (10:00-17:15)
Redeliberation of proposed amendments
- IAS 16 and IAS 38 — Clarification of acceptable methods of depreciation and amortisation
- IAS 19 — Defined benefit plans: employee contributions
Items for continuing consideration
- IAS 19 — Employee benefit plans with a guaranteed return on contributions or notional contributions
- IFRS 7 — Servicing contracts
- IFRS 2 — Transactions in which the manner of settlement is contingent on future events
Tentative agenda decisions to finalise
- IAS 32 — Classification of financial instruments that give the issuer the contractual right to choose the form of settlement
- IFRS 10 — Protective rights and continuous assessment of control
- IFRS 5 — Classification in conjunction with a planned IPO, but where the prospectus has not been approved by the securities regulator
Items for continuing consideration
Items for initial consideration
- IAS 29 — Applicability of the concept of financial capital maintenance defined in constant purchasing power units
- IFRS 3 — Acquisition of control over a joint operation
Post-implementation review
Wednesday, 11 September 2013 (09:00-11:35)
Items for initial consideration
- IFRS 2 — Accounting for cash-settled share-based payment transactions that include a performance condition
- IFRS 2 — Price difference between the institutional offer price and the retail offer price for shares in an initial public offering
Click here to go to the preliminary and unofficial notes taken by Deloitte observers for the entire meeting.