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IAS 39 — 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 39 Financial Instruments: Recognition and Measurement together with the Committee's public explanation of the reasons for not adding those items to its agenda.

Related Discussions

  • IAS 39 — Accounting for term-structured repos

  • Mar 25, 2014

  • The Interpretations Committee received a request to clarify whether an entity (Entity A) should account for three transactions separately or aggregate and treat them as a single derivative, and how to apply paragraph IG B.6 IAS 39 in addressing this issue.

  • IAS 39 — Scope of paragraph AG5

  • Nov 14, 2012

  • The Interpretations Committee received a request for guidance on several accounting issues that resulted from the restructuring of Greek government bonds (GGBs) in 2012.

  • 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 39 — Classification of a GDP-linked security

  • Sep 17, 2012

  • The Interpretations Committee received a request for guidance on the appropriate accounting for the GDP-linked security that was offered as part of the restructuring of Greek Government bonds (GGB).

  • IAS 39 — Unit of account for forward contracts with volumetric optionality

  • Mar 04, 2010

  • The IFRIC received a request to add an item to its agenda on providing guidance on whether a contract that (a) obliges an entity to deliver (sell) at a fixed price a fixed number of units of a non-financial item that is readily convertible to cash and (b) that provides the counterparty with the option to purchase also at a fixed price a fixed number of additional units of the same item can be assessed as two separate contracts for the purpose of applying paragraphs 5─7 of IAS 39.

  • IAS 39 — Meaning of “Significant or prolonged”

  • Jul 08, 2009

  • The IFRIC received a request to provide guidance on the meaning of ‘significant or prolonged’ (as described in paragraph 61) in recognising impairment on available-for-sale equity instruments in accordance with IAS 39.

  • IAS 39 — Hedging using more than one derivative as the hedging instrument

  • Jul 08, 2009

  • The IFRIC received a request for guidance on how to apply the guidance in Q&A F.2.1 in the Guidance on Implementing IAS 39 'Whether a derivative can be designated as a hedged item' when an entity issues fixed interest rate foreign currency debt and then swaps it into floating interest rate local currency debt using a cross currency interest rate swap.

  • IAS 39 — Classification of failed loan syndications

  • May 06, 2009

  • The IFRIC was asked whether a loan amount resulting from a loan syndication that the originator intends to sell in the near term must always be classified as held for trading. The question arises when loans are originated with an intention of syndication but the arranger fails to find sufficient commitments from other participants (failed syndications).

  • IAS 39 — Derecognition

  • Mar 05, 2009

  • The IFRIC was asked: (1) How the derecognition tests in IAS 39 should be applied to groups of financial assets, in particular, when a group of financial assets should be considered similar (2) When the pass-through tests in IAS 39 should be applied to a transfer of a financial asset.

  • IAS 39 — Valuation of restricted securities

  • Nov 06, 2008

  • The IFRIC received a request for guidance on whether a discount must be applied to the quoted market price when establishing the fair value of a security quoted in an active market when there is a contractual, governmental or other legally enforceable restriction that prevents the sale of the security for a specified period.

  • IAS 18/IAS 39 — Accounting for trailing commissions

  • Sep 03, 2008

  • The IFRIC received a request for guidance on how an entity should account for ongoing commission arrangements, referred to as trailing commissions, in the particular circumstances where the contractual obligation for the payment/receipt of the commission is not linked to the performance of any future service.

  • IAS 39 — Application of the effective interest rate method

  • Jul 09, 2008

  • The IFRIC was asked for guidance on the application of the effective interest rate method to a financial instrument whose cash flows are linked to changes in an inflation index. The submission suggested three possible approaches.

  • IAS 37 — Deposits on returnable containers

  • May 07, 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 39 — Scope of IAS 39 paragraph 2(g)

  • Jan 10, 2008

  • The IFRIC received a request for guidance on the appropriate interpretation of IAS 39 paragraph 2(g). This paragraph exempts from the scope of IAS 39 ‘contracts between an acquirer and a vendor in a business combination to buy or sell an acquiree at a future date.’

  • IAS 39 — Gaming transactions

  • Jul 11, 2007

  • The IFRIC considered a submission relating to the accounting for wagers received by a gaming institution.