Report on IFRS Discussion Group Meeting – December 9, 2014
Start date:
End date:
Location: Toronto
On February 25, 2015, the Accounting Standards Board issued this report, which provides details about the Group’s discussions at this meeting.
Topics discussed included:
Items Presented and Discussed at the December 9, 2014 Meeting
- Non-authoritative Guidance
- IAS 1 and IAS 32: Classification of Debt with Embedded Equity-linked Derivatives
- IAS 36: Allocating Corporate Costs to a Cash-generating Unit
- IAS 36: Measuring Recoverable Amount and Allocating Impairment Loss
- IFRS 5 and IAS 36: Impairment Measurement
- IFRS 3, IFRS 6, IFRS 10 and IAS 16: Acquisition of an Entity Holding a Single Asset
- IAS 16: Capitalization of Costs
- IAS 16 and IAS 38: Revenue-based Amortization
- IAS 16: Depreciation of Spare Parts, Stand-by Equipment and Servicing Equipment
- IFRS 13 and IAS 39: Fair Value Measurement of Government Loans
- IFRS 13 and IAS 39: Subsequent Measurement of Fair Value
Update on Previous Items Discussed by the Group
- IFRS 11: Joint Arrangements
Other Matters
- Rate-regulated Activities
- IFRS 15: Revenue from Contracts with Customers
- IAS 19: Longevity Swaps, Annuity Buy-in and Buy-out and Discount Rate
- IAS 16: Accounting for Proceeds and Costs of Testing on Property, Plant and Equipment
Review the executive summary on the AcSB's website.